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> Would love for you to point me in the direction of the supporting evidence. There is scholarly work arguing for this. George Selgin comes to mind as someone
by javert 5y ago
> Would love for you to point me in the direction of the supporting evidence.
There is scholarly work arguing for this. George Selgin comes to mind as someone who I believe has written about this. There's probably also scholarly work arguing the other side. I can't take the time to dig this up for you right now.
> But it's absurd to think that money supply should be fixed to the arbitrary quantity of a random element that we can dig out of the ground.
It certainly isn't absurd. There are lots of people who think this is a good idea, with good reason. Plus, it is historically precedented, and for good reason.