Fiat Money Definition:
Meaning of Fiat Money: Brian Barnier is the chief analyst at Value Bridge Advisors, co-founder and editor-in-chief of Fedishboard.com, and a visiting professor at the Colin Powell School of City University in New York City.
- The Fiat currency is a government-issued currency that does not support items such as gold.
- Trust money gives central banks more control over the economy because they can control the amount of money hidden.
- Most modern paper currencies, such as the US dollar, are fast currencies.
- One of the dangers of paper money is that the government prints too much, which leads to hyperinflation.
Literal Meanings of Fiat Money
Meanings of Fiat:
Formal approval or proposed application.
Sentences of Fiat
Adopt a legislative review program instead of trying to regulate by a decision
Synonyms of Fiat
diktat, commandment, decree, command, mandate, dictum, edict, precept, promulgation, injunction, proclamation, order
Meanings of Money:
A common medium of exchange in the form of coins and notes.
Synonyms of Money
ready money, cash, hard cash