The reason that the money supply must be capped is that everybody has a price. Everybody can be bought.
Creating new money allows people to be bought. Bought by who? By those who were allowed to create the money, of course!
Debasement will require more printing to keep buying people.
The inflation rate reflects the decreased purchasing power the state had on its people.
Bitcoiners have a money that reflects a lower bound on their price to be bought. We’re bought by Bitcoin and it requires no further debasement of Bitcoin - the opposite - our loyalty depends on the adherence to the monetary policy that bought us to begin with.