Tether/USDT is two or three guys with a laptop in the Virgin Islands 'printing/minting' Tether coins digitally and releasing them into the crytpo closed loop universe......feeding liquidity and manufactured digital dollars as they please with bizarre conflicted relationships with various exchanges & cypto brokers where they've admitted to providing loans to these same affliates using customer deposits in the past. Lets be real here....these are all the same people.....in the real world they would be deemed related parties..tether/bitfinex/binance/bithumb
The 'three guys with a laptop' is the narrative you want to believe. However, it is wayward vs. the reality. Stablecoins generally have added 2x the entire market cap of Paypal over the past 6 months. As it stands today, Tether has a market cap of $63 billion dollars. Regardless of whats going on at Tether, they couldn't possibly lack the required human capital to run it.
As regards your other claim i.e. Tether prints as it pleases - here's Lyn's tweet:
In the absence of actual evidence, claims made should not be passed off as fact. I'm quite happy for anyone to suggest that there could be shenanigans going on at Tether. Passing unsubstantiated claims off as fact isn't in any way helpful.