> Consider the alternative though. With a fixed money supply, a dollar buys MORE every year, as a stable percentage of an expanding pie. Then society goes to sh

> Consider the alternative though. With a fixed money supply, a dollar buys MORE every year, as a stable percentage of an expanding pie. Then society goes to shit as the "haves" bunker down in their rooms hoarding gold coins. The rich already do this with assets that generate income faster than they depreciate in value (businesses, stocks, art, collectables). Inflation doesn't touch the rich. In practice, they are also isolated against any real-world upsets like the coronavirus, the financial crash, or Brexit. They may get slightly less rich, but they are set for their personal life. In contrast, the poor and the working class generally aren't educated enough, confident enough, or don't have the right access to take advantage of similar opportunities.