I hope this entire article is irony only. It describes fiat as standard for money. Lol

A bit arrogant but he is right.

This entire article conflates quantity with prices. Supply is the market function of a good or service that can be sold. Not to be confused with the absolute quantity of something such as 21 million bitcoin.

Prices are the exchange rate of goods juxtaposed by the intrest of the supplier and the demander.

The article talks about money PRICES being fluid while misinterpreting the dissidents of his opinion, by saying they believe prices should be fixed. That is not what the "measuring stick" analogy illustrates. It illustrates while everything else is a dynamic market with fluctuating quantities, the quantity of money being constant gibes the user a much better picture of the relation of the other dynamic quantities.

Price of eggs went up? With a fixed quantity of money you know one of two things happened. The supply of eggs went down or the demand of eggs went up.

With a dynamic quantity of money, price of eggs went up? That could mean thousands of things, not least of which is the quantity of money just increased.

This article is really pompous while being incorrect which is embarrassing.