If you could turn worthless paper into gold, what would you do?
I would keep on printing and saturate the market to buy the “things”. I will start a business with that power then go on to rule the world. After that, turning paper into gold will be a useless power. Money everywhere, everyone’s a billionaire, yet I’ll be to only one rich enough to buy anything. Things will go south as people start to realizes all that money is useless. I’ll be poor again. If only I had another power to keep inflation down. Whoever can inflate then deflate would be so powerful. I wonder if such a being exist.