frphank on Nostr: Changing money supply, not necessarily increasing. If the economy grows (as it ...

Changing money supply, not necessarily increasing. If the economy grows (as it usually does, that's what we want) the supply needs to increase. But economies can also shrink and then the money supply needs to shrink. During COVID the economy shrank but central banks did the wrong thing and still increased the supply and prices getting all out of whack for a while was the result.

In any case go ahead try to find your magic la-la land with stable prices and a fixed supply. I'm not keeping you. If you fail to find it you can still pull a semisol (nprofile…42km) and call your customers "wet wipes". It won't help but you'll feel good for like a minute.