Both of those statements can be true (and I think they both are). Fiat pushes regular people to invest rather than save. which generates lots of jobs in finance. Also, fiat funds the bloated administrative state.

Yes but there's a massive difference between technical white collar work, which is value added, like an architect with building plans, or an engineer planning power lines; and the increase in non value added work like Compliance, HR (as opposed to 'Personnel') more layers of middle management etc. I'm speaking anecdotally but the latter is increasing exponentially in my experience. I think that's the point of that part of the article?