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Currently, most modern monetary systems are based on fiat money.
It is fiat money and central banking that have caused this crisis.
May I be the first to write some crazy old nonsense about going back to the gold standard and fiat money.
This has been due to a secular inflation resulting from the over issue of fiat money.
That system eventually collapsed in 1971, at which time nearly all nations had switched to full fiat money.
He governed the bank during the war years and was involved in decision to move from a silver currency to fiat money.
Used in this sense, fiat money is a type of representative money.
Present day currencies are usually fiat money with insignificant inherent value.
Investors will panic in a scramble for gold thinking that fiat money is dead!
He was a supporter of fiat money, as opposed to a gold standard, in Brazil.
Of course, the answer is, he who controls a fiat money system controls the economy.
Fiat money, like any check or note of debt, is without intrinsic use value as a physical commodity.
Kublai Khan is considered to be the first of fiat money makers.
Fiat money is money that derives its value from government regulation or law.
The term 'fiat money' was used in the resolutions of an 1878 party convention.
Meanwhile, go and read up on Fiat money and monetary sovereignty.
Fiat money is fictional money simply backed by a promise to pay.
He stated that deflation is always reversible under a fiat money system.
Fiat money is legal tender, or currency (bank notes and coins), which has value only because a government says so.
Goods and services are traded for fiat money due to the need to pay taxes in the money.
But by increasing the quantity of fiat money, Keen says this process could be circumvented.
Do not sell of the nations assett's for fiat money.
Fiat money may pay pensions, but how will the pensions buy goods?
Because all money is fiat money and only as strong as confidence in it.
Fiat money and credit whose values were determined by anarchic market forces are abolished.
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