Time Value of Measure

From: https://flic.kr/p/WNXs2x 

If the government was in charge of the imperial measuring system... 

A one foot measurement of 1971 ( 30 cm) would be today 1 foot ( 30 mm). 

So your 800 s.f. house of 1970 would now be called 8000 s.f. today. People would hold discussions about how amazing real estate is as an investment because the size increases every year! 

Old people would discuss owning an acre of land and young people would be proud to own an acre too! 

Fiat is that stupid. 

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