> Except that fiat money can be analyzed axiomatically Not in a meaningful way. (meaningful = related to real economy). If you just look at the numbers in a si

> Except that fiat money can be analyzed axiomatically Not in a meaningful way. (meaningful = related to real economy). If you just look at the numbers in a silly accountant fashion, and population doubles, analysis is meaningless. You need want to keep money relatively stable (say 2% inflation) you need to keep adding money to match changes in demand or factors of production.