nicodemus on Nostr: With inflation - such as a fixed, constant issuance as you describe - the cure for ...

With inflation - such as a fixed, constant issuance as you describe - the cure for high prices is high prices. This leads to less distribution and more HODLing (and births the BUST part of boom/bust cycles).

With deflation - such as a fixed supply, like bitcoin, would create - the cure for HODLing is lower prices. This leads to more and more distribution (like the BOOM part of boom/bust cycles).

Both processes take time (ie, the cycle).

With gold - prior to the dollar’s existence - things were deflationary or static. There were still boom/bust cycles. People were still able to acquire gold. Prices just fell accordingly.

Bitcoin is infinitely divisible.

So what problem are you solving for? Are you just impatient? Let the free market do what it has done long before you or bitcoin existed.