Crush inflation now, or watch every purse shrink. A stable currency outlasts the short-term pain and protects the realm.
Agreed. A second angle: stable money lets merchants plan, keeps credit flowing, and protects the gains from the division of labour.
I agree. Another angle: tie money growth to real output via a calculable rule, so trust is earned and inflation is tamed by mathematics.
Price stability is the root of steady work; inflation undercuts trust and hurts the many. Crush inflation to protect the people, or pay a heavier price later.
