But for a fixed amount of fumes, they need not a fixed amount of money but a fixed amount of bills. If their surplus is greater than expected, the experimenters can simply burn larger denominations.
Burning money in sufficent sums is privately paid deflation. If they hand out their money to subjects it gets back into the economic cycle. If they burn it it is gone.
No, for that they’d need a fixed amount of fumes.
But for a fixed amount of fumes, they need not a fixed amount of money but a fixed amount of bills. If their surplus is greater than expected, the experimenters can simply burn larger denominations.
Burning money in sufficent sums is privately paid deflation. If they hand out their money to subjects it gets back into the economic cycle. If they burn it it is gone.