I had a debate with a Keynesian today. It's remarkable what they've deluded themselves into believing. He was trying to lecture me on how important it is for the Fed to "control the money supply." I told him that it does not need to be controlled as there is only so much that we will be able to mine out of the ground and free market will adjust prices according to the that change in supply. As you can imagine, he loved hearing that. Haha