>(3) I'd love to have gold coins in my pocket but there's not enough for the US, let alone the whole world to use it. have to mine an asteroid first.
This is the excuse the money printers and their apologists use. If thats the case - how much gold do we need to supply the US economy? The answer is - "we need a central bank to decide on monetary policy" and here we are….
Stop thinking in terms of quantity and start thinking in terms of the buying power each dollar gets you…the amount of money (gold/silver) needed in any given economy is totally irrelevant.