I feel like the money itself makes less and less sense these days. It's just numbers that are becoming increasingly detached from the real world
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The Fed doesn't have nearly as much control as folks think.
The Fed directly created money during QE and they are directly destroying it during QT. There's a net add, but that's mostly because the economy is growing, which creates new demand for money as expressed by demand for debt.
The money supply staying fixed or shrinking is a non-goal anyways. It's irrelevant. What matters is inflation as measured from the change in actual prices.
The conversation always goes like this.
You: "The government is lying about inflation!"
Me: "Ok, what rate do you think it's actually been?"
You: "10%!"
Me: "So you're telling me inflation over the last 30 years was 1700%? So prices are now 17X higher than in 1995? You sure?"
Then we look up historical prices like this.
https://www.tasteofhome.com/collection/this-is-what-grocerie...
In 1995 ground beef was $1.49/lb.
Bread was $.89/loaf.
Eggs were $0.92/doz.
Milk was $2.50/gal.
idk if you're shopping at Erewhon but where I shop ground beef isn't $25/lb, bread isn't $15/loaf, eggs, well, you got me there lol, and milk isn't $42.50/gal.
Unless the conspiracy is far bigger than we think, or "they" are everywhere, whoever "they" are, I think it's safe to assume that inflation numbers have been pretty accurate.