Calling the dollar “strong” because some prices didn’t rise while the money supply multiplied is confusing prices with value.

If money grows 10× and bread “is still $1,” that’s not stability:

it’s forced productivity, hidden costs, and silent redistribution through non-neutral inflation.

Inflation doesn’t hit everything at once.

It benefits those who receive new money first.

Then it punishes savers and wages.

Apparent stability isn’t monetary strength.

It’s temporary distortion.

Sound money doesn’t need dilution to function.

It needs limits.