(1/?)
@p
> I said stop letting the government do it, not that there should be a permanent fixed supply of abstract units of value
If the money supply is not fixed, then who issues new money as needed, if not a democratic governance mechanism?
Not that the US federal government necessarily fits that description right now (or for decades, if ever). So let's put them aside for the moment, and focus on getting our theoretical scaffolding in place before we return to real world examples.