Isn’t a stable price a good thing?
If I had a dollar that would triple it’s value in a week “just because” I would be suspicious.
If I had a dollar that would triple it’s value in a week “just because” I would be suspicious.
This is one of the the reasons why (low) target inflation rates exist. The (slight) devaluation of the currency encourages consumption or investment with the currency and discourages mattress stuffing.
You wouldn't buy goods with stocks.
In fact, a currency with a constant rate of issuance is actually highly deflationary in a growing economy.