> No, the international monetary system is perfectly functional, as evidenced by the fact that it supports the global economy just fine.

Obviously it is functional, I never said it wasn't!

Inflationary systems have a lot of benefits -- they encourage consumption, erode the value of debt over time, etc. But there are downsides, too. Savings and purchasing power are destroyed over time. They encourage investment in hard assets like real estate and BTC to protect wealth. And so you get some waste, too. There is no free lunch.