Why Is It Better to Have a Sound Money?

The only way there could be a general rise in prices would be if there was more money in the economy. Because gold has a fixed supply, you can mine more, but it's a time consuming process. Business firms are wasting their time trying to hedge against this and doing things other than focusing on improving consumer welfare or expanding business. It is inexcusable that ordinary, vulnerable peoplea been placed in that unenviable position just to maintain the purchasing power of their money.