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> just pass the necessary laws to fix the amount of money at the current level

Go ahead and pass the law. I'll wait.

It'll never happen. But let's say for the sake of argument it did. Another law could come along to change it again. Why trust laws and corrupt government officials? They are unnecessary soon-to-be antiquated relics of days when no better option existed.

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Precisely. I think it was Warren Buffett who said "show me the incentives and I'll tell you the outcome" or something to that effect. Governments are incentivized to seize as much power as money creation allows them. The only thing that has held them back from constantly brrring the money printer is inflation, as it is obviously bad for winning votes. Interesting to see how the Fed will manage 7.5% inflation by raising rates 0.25% and even then there's a high chance they will U-turn almost immediately. I really wonder what Biden must be thinking about Powell right now.

So you are saying there are incentives for the governments to not print money? What, on the other hand, are the incentives to print money?

The incentives for the government to print money have already been mentioned more than once in this thread.

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