The only "tiny" fact that you're most likely NOT telling them is that currently 0.1% of all bitcoins ever get created per day. Go and calculate the annual inflation rate of that and be amazed...

I think your math is off.

A block is created every 10 minutes (that's the target anyway). That's 50 bitcoins per ten minutes, or 300 per hour. Times 24 hours equals 7200 btc per day.

7200 / 21000000 = 0.00034285, which is 0.03% per day.

Of course, blocks are actually found more often than once per 10 minutes (at least while the difficulty is rising). But the rate you quoted, 0.1% is triple the 10-minute-per-block rate. 0.1% of all bitcoins would only be mined in a day if a new block was being found every three minutes instead of ten. But if that were the case, difficulty would triple every time it adjusted, instead of going up about 10% give or take like it's been doing.

With difficulty going up 10% per adjustment (average), the rate of bitcoins per day is about 10% faster than my calculation of 0.034%, which means the real rate is about 0.037% (percentage of all bitcoins mined each day).

Additionally, even if we were to use your figure (0.1%), the annual inflation of that compounded daily over a year, is 1.001 ^ 365, or 1.44 = 44% annual inflation, which although high is not that amazing. Especially in light of the fact that, although the supply of bitcoins is growing at that rate, demand for bitcoins (which is still in infancy, really) is also growing quite rapidly. Plus, the supply growth rate of bitcoins is GUARANTEED to slow down (by half in 2013, then by half again every 4 years, stopping completely eventually). And that's using your number which is off.

If we use my figure (0.037%), that compounded daily over a year equals a 1.00037 ^ 365 = 1.1445 = 14.5% annual inflation. Not so bad at all.