It's kind of lost to history, but in the 1930s when Nobel Prize winner F.A Hayek was lecturing at the London School of Economics and arguing with Keynes he made

It's kind of lost to history, but in the 1930s when Nobel Prize winner F.A Hayek was lecturing at the London School of Economics and arguing with Keynes he made some pretty good arguments against a constant increase in the quantity of currency in his critique of Keynes' Paradox of Savings: https://www.mises.org/library/hayek-paradox-saving https://www.mises.org/library/hayek-paradox-saving