The Benefits of Increasing the Supply of Gold

In the fiat money world, it's more in the value extractive sense, because maybe the government is kind of taking resources from people. So we wanted to be able to say, well, even in those cases, it's still socially beneficial for the supply to increase as long as market participants decide to do so. It independent of all other things that a government might do. We decided to call this one inflation, the one that's outside the market and has consequences that belong to the market.