consider fiat's cost of production and the rate at which the FED prints it and INJECTS it into the economy... yet fiat is still a relatively stable store of value.
Fiat is not a relatively stable sore of value. Each and every year that passes by, a dollar buys less and less. I must admit, the inflation in the US has been ralatively low for quite a while. However, in the late 70s, this was not the case. As a child, it seemed every time that I went to the store, candy, pop and comic books cost 5 cents more.