# The Debate Over ETH's Monetary Policy

*Author: David Hoffman, Ryan Sean Adams*
*Published: Apr 10, 2024*
*Source: https://www.bankless.com/de/the-debate-over-eths-monetary-policy*

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The Ethereum community is currently in debate, are we going to change the monetary policy of ETH? Why should we? Who gets to decide? What should it be?

Today's episode of Bankless Takes is a masterclass on monetary policy for Ethereum and beyond.

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## TIMESTAMPS AND RESOURCES
00:00:00 Intro

00:03:23 Defining Monetary Policy

00:07:35 Total Monetary Base

00:12:46 M1 Chart

https://fred.stlouisfed.org/series/M1NS

00:15:54 M2 Chart

https://fred.stlouisfed.org/series/M2NS

00:20:05 Inflation + Purchasing Power

https://fred.stlouisfed.org/series/CPIAUCNS

00:22:50 Bitcoin Issuance Policy

https://river.com/learn/who-creates-new-bitcoin/

00:30:22 Ethereum's Monetary Policy

https://studio.glassnode.com/metrics?a=ETH&c=native&m=supply.Current&resolution=24h

https://notes.ethereum.org/@mikeneuder/iiii

https://ultrasound.money/

00:35:27 ETH Social Contract

00:37:23 Bitcoin Monetary Policy

00:43:09 History Of ETH Issuance

https://github.com/ethereum/consensus-specs/pull/971

00:50:58 Proposal Breakdown

https://ethresear.ch/t/endgame-staking-economics-a-case-for-targeting/18751

01:01:57 ETH Supply Curve

https://imgur.com/pVrZ9Ii

01:13:37 David's Opinion on Moving Forward

01:19:08 Ryan's Opinion

01:25:06 Policy Option 2