This is not obvious at all. 'decades' is a short term in the history of money. It is perfectly reasonable to believe that switching to fiat causes low inflation

This is not obvious at all. 'decades' is a short term in the history of money. It is perfectly reasonable to believe that switching to fiat causes low inflation in the short term but results in long term hurt. I feel if anything, the past few years should have taught us that things that seem easy or prudent in the short term can lead to long-term issues. Why is it such a stretch to believe that about fiat. Either way I don't think 'decades' should be used as evidence that any monetary policy is good. We can reconsider if we get to centuries.