If there's a private business contracted by the government to keep inflation at 0% by issuing currency strictly to meet demand

Which is impossible as central planning will fail

And 1800s were a time of expansion, which drove the money shortage and the rise in debt burden for much of the country.

As we’ve seen with the GED

How is that impossible?

FED

because central planning fails

But it's incredibly minimal central planning, if it can even be called that

It's not like the current Fed can't keep inflation around 2%

The government controlling the money supply is strictly central planning

it can’t

because it isn’t

The business would control the money supply

And it’s not supposed to keep it around 2%

The fed's target rn is 2%

if the businesses controlled money supply it would be backed by gold

Market *

Yeah inflation should be below 0

not 2%

Here are some of the myths if you’d like

https://mises.org/library/10-gold-standard-theory-and-myth

About the expansion of an economy

It wasn’t what restricted the economy in 1800s

It expanded fast

It’s an audio but

But negative inflation incentivises money hoarding instead of investment

It becomes more and more profitable to hold money than to spend, invest, or use it productively

Wrong

Oh hey

fuck i cant post ss

welcome

No that’s a myth

90% of the time deflation hasn’t been resulting in recessions

Visitor

deflation means people spend more

That’s always been the case

Sid is like Charlie Kirk don't bother

...how?

It’s a Keynesian myth people spend money

Less