Correct- as I stated in my post, if it’s desired to have zero fluctuation in value, the currency should be pegged to a basket of goods, which implies a variable total supply; however in cases where some amount of variance in value (generally less than what currently exists with USD) is acceptable, then a fixed total supply can make sense
Wouldn’t a currency whose total supply is fixed while the economy grows, lead to the same problems with changing definition of horsepower and so on?
Correct- as I stated in my post, if it’s desired to have zero fluctuation in value, the currency should be pegged to a basket of goods, which implies a variable total supply; however in cases where some amount of variance in value (generally less than what currently exists with USD) is acceptable, then a fixed total supply can make sense