When your money supply is pegged to a physical resource, the primary economic activity that is incentivized within that economy is producing more of that resour

When your money supply is pegged to a physical resource, the primary economic activity that is incentivized within that economy is producing more of that resource (ie, digging gold up out of the ground, or invading/"colonizing" countries to get theirs). There are few people who would consider that a healthy way to grow a modern economy.