>"My ability to perform such transactions shouldn't be constrained because we haven't "cut down enough trees make paper", or "dug enough metal out of the ground" or "solved enough mathematical puzzles"."
Why would it? You simple sub-divide each unit until you have the necessary precision (this works for physical currency, too). I'm really curious why you think a lack of growth in the money supply would hinder you from making a transaction?
Really, government-mandated inflation is nothing more than obfuscated stealing (or wealth transfer). Think about it: If it were simply a matter of "we need more physical(or virtual) money in circulation so that the transactions will flow" then the logical (and fair) solution to that would be to simply apportion some sort of "income" to each individual based on their current capital. But that's not how they designed it, and based on that, it shouldn't surprise anyone that there are many out there who feel that inflation is unfair to a large majority of people.
Why would it? You simple sub-divide each unit until you have the necessary precision (this works for physical currency, too). I'm really curious why you think a lack of growth in the money supply would hinder you from making a transaction?
Really, government-mandated inflation is nothing more than obfuscated stealing (or wealth transfer). Think about it: If it were simply a matter of "we need more physical(or virtual) money in circulation so that the transactions will flow" then the logical (and fair) solution to that would be to simply apportion some sort of "income" to each individual based on their current capital. But that's not how they designed it, and based on that, it shouldn't surprise anyone that there are many out there who feel that inflation is unfair to a large majority of people.