You want the money to come back to the banks, thats what prevents system-wide expansion. The only way that this is a problem is if there is a central bank as that creates the reserves (i.e. not fixed).
Praxeologically show that.
Constantly?
Isn’t that called “budgeting”?
It does in the fiat currency fractional reserve sense. When money is lent out by a time deposit, no new money is being created.
I’m just speaking from my own experience.
At regular intervals, that come around more frequently than I would wish.
Sure… look I’m not saying that that time deposts are the stuff of the devil… just that I find it a little but of a nuisance.
Thinking about it more I suspect you could be right on that point.
Then you admit you have no valid human action reason.
But not constantly.
So you find investing in the stock market a nuisance as well? What about mutual funds?
I don’t think the problem you attribute to free banking exists. So no solution is needed.
How does the money supply ‘blow u**p’ when the price of credit is set by the market?