Bit o.t. but I read a book "Truth in Money" about how money in the USA under the FED system is "made", how much of it and how many times it turns over (velocity) and how much is "retired", etc. The authors were basically engineers but with extensive financial knowledge.
Seems since money is made almost entirely by the issuance of debt, public and private, and that the "money supply" in quantity is predictable by a simple math curve....of compounding interest, all the back to 1913, when the FED debt money system was put in place (passed during the middle of the night). The curve can be graphed if you take $1.00 borrowed in 1913 and capitalize 6% interest for 110 years (to 2023). Thats ((($1.00x 1.06) x1.06) x 1.06) x1.06 for 110years.
That is the curve of the quantity of money that was M3. M3 was about to scare the shi(dung) out of the mommy's and daddy's and you can see why when you see the interest portion of the above graph. It shows exponential growth of "money" that has no backing at all, simply bookkeeping entries. I won't go on, but that book, hard to find and out of print, has so well predicted the Q of money that a solution MUST be found to prevent a collapse of faith.
We need a co-currency. Equity money that is equal to a FED Reserve Dollar Note, legal tender for all debts public and private but equity, spent into existence for value. Make all capital growth for 10 years in US Treasury Dollars. Okay too far off... the conversation does relate to my beloved "money pit" however.