#Fiat money is sustainable money they say…
14 DM (Deutsche Mark) is 7 Euro.
7 Euro at 2% inflation target over 50 years equals 19 Euro. Rolling Stones Concert for 20 Bucks anyone?!? Fiat
(Picture: Wolf Wössner)
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Discussion
I miss the DM. 🥺
😂
20 bucks? more like 200€ for a Stones ticket.
7€ * 1.07^50 = 206€
7% inflation YOY ... thats similar to what Saylor estimates for real estate over the last century.
Körperschäden ✨💥