You print money... you use that money to buy shit, there is no correlation with other currency, I have a hard time with this simplification, they buy a shit... with ETH (more shit) that is the news... how much those ETH could be in fiatcoin is just fuel for FOMO, but in reality that person maybe get 100k ETH via printing or via smartcontract bug and doesn't care to fuel some meme for free.