fiat currency

is always bound to converge to zero (i.e. hyperinflation) because it’s very cheap and tempting to increase the money supply

this also points towards why fiat currency always goes to zero the cost of fiat currency production is effectively zero again it's an entry on the federal reserve's database right control enter another 10 trillion dollars added to the money supply so it's almost intuitive through that lens why the market value of fiat currency historically has always converged to zero which we call hyperinflation so that's all i think a good way to look at it

fiat currency, n.Definitions

fiat currency