[Capt-RogerOver]

This is not some general consensus, this is a viewpoint that exists. Among many others.

Also this:

> Elaborate controls to make sure that currency is not produced in greater numbers is not something any other currency, like the dollar or the euro, has

Is very obviously incorrect. Fed and the congress have absolutely been producing new money in great numbers without any controls by the people. Ever seen the national debt watch? If you have not researched how Fed works and how (and when) new money has been produced during recent decades, you should really do that. You will be scared.

[mbrock]

I think there's a misunderstanding. Russ Roberts is saying in that sentence you quoted, basically, "USD and EUR can be produced in huge amounts just because the monetary authorities want to". Are you sure you think he's incorrect?

[Capt-RogerOver]

In that case I apologize. I have misunderstood the quote.