[jrek]

Monetary emission is already tied to the cost of consumer goods. Central banks make interest rate and reserve requirement changes that regulate growth in money supply. Those changes are aimed, in part, at achieving a price inflation target.

And price inflation, which is the relevant metric (as opposed to monetary inflation) in the context of a claim that the government destroys value, has been extremely predictable for 20 years.

This comes up again and again in bitcoin discussions. Money supply has to grow for price stability and to avoid deflation. This also applied even when there was gold convertibility.

What exactly is your issue with a growing money supply?

[vkou]

> What exactly is your issue with a growing money supply?

The primary issue is that simply sitting on a dragon's hoard of money should entitle me to a bigger share of the world's wealth, as time goes on, rather than a smaller share.

[Applejinx]

Socially, why? I could see making the argument for 'the same share, in perpetuity' as that is kind of the whole idea of what money is: parking value in some way.

Why bigger, exactly? What is the justification?

[XorNot]

Sarcasm (I presume) doesn't transfer well on the internet. The parent is pointing out the absurdity of the whole idea of deflationary currency: sit and do nothing, and force the next generation to turn over more of their productivity then you ever produced.