I agree that wage earners lose real purchasing power with inflation. However, agressive minimum wage adjustments and welfare (for lower incomes) and unions (for

I agree that wage earners lose real purchasing power with inflation. However, agressive minimum wage adjustments and welfare (for lower incomes) and unions (for higher incomes) should provide all the incentives for employers to keep raising wages, I don't think banishing fiat money is necessary for that. There are other ways to achieve the same purpose. I also agree that it was preferable to be payed in non-deflationary tokens, but I fail to see any real-world examples of that.