All fiat currencies devalue, and always have. And the process of devaluation causes inflation, or hyper-inflation in extremes.
Money is just a fungible piece of paper used for convenience of trading assets.
But they controller of the currency, be it USD, GBP, AUD, or leaves of an oak tree stamped by the thumbprint of the King of the Elves are all subject to the corruption of value by their issuer.
