Many argue as if

     K / G = p

where K is capital, G is Goods, and p is prices.

If K goes up, p must go up.

But prices depend on much more significant factors than simply K.

Probably causality is reversed: an increase in prices causes capital to grow.

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@Tiv3

You assert a right to discover prices through a bidding process. You also demand capital be created only by the private sector and the central bank in passive response to private sector demand.

I assert you cannot prove you have the right to restrict money creation.

I would not take away your right to discover prices through bidding. I would however provide everyone with enough income to buy most of what they want. If you feel deprived of something, I suggest you figure out how to provide it for yourself.

From my point of view you are trampling on my rights, when you assert your right to determine prices through a Walrasian bidding system, relying on an underlying assumption of exchange-determined value. And keep money scarce! I give you your right to auctions but not to determine for me that I must live under such a system. To me, your fascination with bidding and prices is upsetting in that it seems about envy and that is not a feeling I like. We can create money and leave you alone. I cannot see how is that taking something away from you?

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@jolef

I think you are telling a story about primitives without knowing their lives. I think Sahlins in [The Original Affluent Society](http://www.primitivism.com/original-affluent.htm) tells a very different story:

> Above all, what about the world today? One-third to one-half of humanity are said to go to bed hungry every night. In the Old Stone Age the fraction must have been much smaller. This is the era of hunger unprecedented. Now, in the time of the greatest technical power, is starvation an institution. Reverse another venerable formula: the amount of hunger increases relatively and absolutely with the evolution of culture. This paradox is my whole point. Hunters and gatherers have by force of circumstances an objectively low standard of living. But taken as their objective, and given their adequate means of production, all the people's material wants usually can be easily satisfied.

I tell a different story about being poor in today's society, being outdoors in bad weather while you see so many empty, unused houses and office or warehouse space. I don't think that stunning display of off-limits unused surplus was an experience a "primitive" experienced. 

Our culture runs on envy. Envy is a very disquieting and unsatisfying emotion for me. I don't see why we can't make access to vast, persistent surpluses available to everyone without having to play the envy and artificial scarcity games capitalism requires.