https://mises.org/mises-wire/optimal-supply-money-simple-argument?
The Optimal Supply of Money: A Simple Argument
06/04/2025 Paul F. Cwik
As an economist, I am often asked how fast the money supply should grow. The answer is simple: it shouldn’t. In fact, once an economy has a money supply, any amount is optimal. This answer is often met with confusion because it is so far outside of their expectations. To build my case, let us make a simple argument.
Barter is the economic system that precedes a world with money. In a barter world, people directly trade goods. For example, people will trade apples for blueberries. Both apples and blueberries have “use value.” Use value is the subjective satisfaction one gains from a good or service, like apples and blueberries.
