OR! ... they could have dug.

Prices don't need to rise.

If I have a money supply of 5 quatloos and an economy of 5 loaves of bread, each loaf should cost a quatloo.

If I bake more bread, the price drops.
If I make 3 loaves, the price rises.

Somebody else can make bread too. I can make other stuff. The prices can change.

Printing quatloos doesn't make any horseshoes.

Money is just a store of value because goods & services have a shelf life.