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Its not that simple.
If fiat money is directed toward productive investment that raises the wealth and prosperity of the entire nation it can be a useful mechanism.
If however fiat money-capital issuance is directed toward non productive asset price pumping it is not.
In the neoliberal deregulation of banking previous constraints upon the issuance of fiat debt-capital toward non productive purposes were removed- this is part of the reason why the western world has ever since experienced escalating house prices and declining productivity.
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Fiat money is just money printing. What thing about stealing through inflation is something that can be "managed responsibly"?
Inflation is theft. No amount of appeal to authority should sugarcoat this.