“We need inflation in the system to maintain economic growth”

is like saying

“Wearing a Batman costume with fake muscles makes us look muscular”

Nominal vs Real

Fake muscles, like inflation, makes you *look* like you have big muscles. But that’s *Nominal* growth, not *Real* growth.

*Real* growth comes from lifting weights and eating properly. Not from a fake-muscles costume.

Same with an economy.

*Real* growth comes from technology and productivity. Not inflation.

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Discussion

I keep doing a simple thing to demonstrate this and not sure if am off at all. Am a geologist, not economist (sic). Look up total size of USA economy 20 years ago and now. Divide both numbers by gold price at the time. Leave to simmer

Dividing by price of gold seems like a good way to do it. I’m also not an economist, but like to find different analogies.

People resonate more with gold if they’ve never previously questioned value of, and what is money in my experience