The policy of Inflation and Monetary Theory have become very popular over the past century. It is acceptable among some politicians, philosophers, and even economists to abandon the notion of hard currency in pursuit of credit expansion and additional spending. What these people do not understand is the quantity theory of money that states that for every increase in the quantity of money, the value of the monetary unit decreases. MV=PQ. Furthermore, the policy of inflation, which is the increase in the money supply, is the most radical institution in society because it affects peoples' spendings, earnings, and savings in such a way that they lose sight of the prices of the most immediate future. The boom-bust cycle is a direct result of the federal reserve. Hyperinflation is a direct result of a centrally created currency. Savings, investments, and production drive an economy, the Keynesians have coached people to believe that consumption and spendings drive an economy but the equation to ask is then, how can increasing the amount of pieces of paper in the world make society any wealthier?