[czl]

To maintain stable short-term prices, active regulation of currency supply is necessary. Without it, currency value fluctuates with supply and demand, making prices unstable.

In the long term, a small amount of inflation is needed to discourage hoarding. Without it, people might treat currency as an investment, leading to unstable prices like we see with gold and Bitcoin.

Currency should be stable, like standard measures (Kg, Foot) that don't change in the short term. It also functions like a store cart for shopping. If carts become scarce, shopping is difficult. Therefore, there must be an incentive to return the cart for others to use.

Another purpose of currency, albeit controversial, is to manage debt accumulation. Historically, societies faced growing debt and used "debt jubilee" events to reset, which disrupted commerce. Modern societies address this through currency inflation.

If gold or crypto were effective currencies, prices would be advertised in Bitcoin or gold. The fact that they are not suggests they don't serve well in this role.