[mrh0057]

Go lookup currency deflation and what happens at the end. The transaction rate is to low and the energy use is to high to be useful. We are near the end stage when people and institutions start hoarding it.

The current problem in fiat money is what the new money is funding. This is a society/government policy choice and isn't an inherent flaw in fiat money. In the west the money is primary used to boost asset prices instead of used for production.