Pāhonoa te oro

The most intuitive economic idea—that a growing economy needs a growing money supply—is false. Central banks print trillions based on it anyway. Money is a commodity chosen by markets for indirect exchange, not a government creation or magic growth lever. Gold and silver prevailed due to their qualities. Any money supply works. The market adjusts prices accordingly. Doubling money does not create wealth; it only raises prices, leaving real resources unchanged. Hoarding is no crisis. Increased de