There is no coordinated effort by anyone to destroy the system. The system is destroying itself by itself. The Ottoman empire fell because it couldn't keep track of its expenses. If you print money once to fix a deficit you suddenly become complacent. Now, you do it again. It doesn't seem to have much effect and the people/markets got complacent with your behavior too.

You do it again and again. Now, it's part of your "process". Let's call it Quantitative Easing. Let's also take advantage of a pandemic to print as much as we can. There is a good "reason" for that.

At some point the music stops and the system collapses. There is no conspiracy there.