Would love for you to point me in the direction of the supporting evidence.
Millions were lifted out of poverty in the 19th century, whereas billions have been lifted out in the 20th and 21st centuries on the back of enormous credit expansion.
I'm not arguing the fiat currency and credit cannot be incredibly dangerous...they can be. But it's absurd to think that money supply should be fixed to the arbitrary quantity of a random element that we can dig out of the ground.