> Individuals and corporations have to make explicit decisions to respond to what they can see of the M2 effect, and none of these decisions are a law of nature

> Individuals and corporations have to make explicit decisions to respond to what they can see of the M2 effect, and none of these decisions are a law of nature. The law is called supply and demand. If there are more dollars and the same amount of resources, the value of a dollar goes down. Let's just agree to disagree. Cheers.