Yeah, they balance inflation and unemployment. The idea of “sound money” is literal fools gold. We had currency backed by gold for thousands of years. There was a major recession every few years.

Every time some monarch coughed, there was a recession. If there was too much wheat, or not enough wheat: recession. The Federal Reserve has managed to save the economy during a literal world stopping pandemic. It’s part of the reason why people use the US Dollar as the reserve currency.