“As possible” is a subjective opinion. We are just arguing semantics at that point. The most deflationary money as possible would be one where the supply shrinks exponentially until its supply is near 0. Bitcoins supply is hard capped, gold inflates at 2%, shitcoins add and burn coins at the whim of a board of directors, and fiat inflates at whatever 12 bankers decide. So my summary is: Savings and deferred spending is still a type of investment, capital investment would still occur under a hard money standard, and yes, a money that deflated to a supply of near 0 “as deflationary as possible” may not be desirable either.
