Jaret on Nostr: Really good summary. Fiat has a critical 4th property: System of Control Rule of 72 ...

Really good summary.

Fiat has a critical 4th property:
System of Control

Rule of 72 (72/Inflation Rate) would be a good principle to discuss around purchase power theft. E.g 72/10% = 7.2 years to your money being cut in half if you do nothing about it. That is simplified but…

🤙well done.