Conclusion from article Since the present monetary system is fundamentally unstable, there cannot be a “correct” money supply growth rate. The present monetary system emerged because central authorities allowed the practice of issuing banknotes that are not fully covered by gold. In order to sustain such a system, the central bank was introduced. By means of ongoing monetary management, the central bank’s job is to prevent banks from bankrupting each other during the clearance of checks. Whether the central bank injects money in accordance with economic activity or fixes the money supply growth rate, it continuously destabilizes the system.