> 1) It allows the use of inflation as a counterbalance tool to mediate a balance between the irrational demands by money consumers. So it enables living beyond your means and the theft of productivity and purchasing power. > In comparison, the gold standard, being the almost perfectly limited resource (until asteroid mining starts up) has no such dynamic control mechanism on the other side of the equation. So you cannot spend nor lend what you do not have. And you can no longer create it (steal it) out of thin air. > Looks like this bubble is way bigger than the one in 2008. I agree. But disagree on inflation. Inflation is theft pure and simple. The value of the labor you have ALREADY done is being diminished by those who contributed nothing. Debt based currency and interest rates are the tools of liars, thieves and swindlers.