Authors: Funkenstein the Dwarf
This article began with the title "Fiat economics". This however seemed like too much of an oxymoron to leave in place. "Fiat dynamics" was briefly the title as well. The subject is the diffusion of monetary tokens amongst participants in a monetary system. For etymology of the title see [1,2]. Here we derive fundamental equations for a diffusive monetary system but are stopped short of further progress or conclusions due to the nature of the monetary system in question.
Comments: 5 Pages. Previously published on frass.woodcoin.org
[v1] 2016-02-14 17:11:37
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