If you produce things more efficiently they should cost less, the money supply shouldn't expand to make sure their cost stays the same or more. Nobody can be en

If you produce things more efficiently they should cost less, the money supply shouldn't expand to make sure their cost stays the same or more. Nobody can be entrusted with the authority to "expand the money supply" and not abuse it to the point of collapse. Case in point: https://fred.stlouisfed.org/series/M1 https://fred.stlouisfed.org/series/M1