Discussion
An elastic money supply feeds irresponsibility, which eventually causes an unlimited money supply to be created, which always leads to excessive waste and limited resources. A fixed money supply always leads to unlimited resources, but it also brings natural, swift, and merciless consequences for waste and irresponsibility.
I know which economy I would prefer to live in.
"𝘞𝘩𝘦𝘯 𝘮𝘰𝘯𝘦𝘺 𝘪𝘴 𝘦𝘢𝘴𝘺 𝘵𝘰 𝘮𝘢𝘬𝘦, 𝘴𝘰𝘤𝘪𝘦𝘵𝘺 𝘣𝘦𝘨𝘪𝘯𝘴 𝘵𝘰 𝘣𝘳𝘦𝘢𝘬." -Satoshi Nakamoto, The Tuttle Twins