[roguas]

> If we could print money without backing it with something scarce like gold, guess what will happen?

We do. We adjust monetary supply for markets to be stable - money has been not backed by anything tangible for quite a while. Like with any proposed framework(also applies to monetary stuff) you find out how it affects outcomes and you adjust usage.

[rsanek]

I feel like 50 years (since end of Bretton woods) really is not that long, plus we do still rely on petrodollar demand vibes to provide some sort of link to a commodity. We have yet to see the dollar truly unlinked from anything physical.

[xEnOnn]

Yes, I’m aware that we do. I’m just trying to give an analogy of what I’m trying to convey.

In the case of job levels, employees really shouldn’t be shortchanged into believing the job titles given to them. The remuneration is a better indicator when in doubt.