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fiat money造句

造句3.07W

Of, relating to, or consisting of fiat money.

fiat money造句

There are two forms of money: commodity money and fiat money. The first money is commodity money.

Their preparedness to do something for me which might be to give me fiat money.

And we need to be forced to accept the privileged bank's fiat money in trade for real goods or services.

Today the United States is on a fiat money system, in which the national government through its central bank, the Federal Reserve System, controls the money supply.

Since 1971 we have been on a totally fiat money, but the gold stock of the Fed has been arbitrarily valued by U.S. statutes at $42.22 an ounce.

Of course, the parallels with today are not exact. Law’s system took just four years to collapse; today’s fiat money regime has been running for nearly 40 years.

Roach's fear - and he is hardly alone in this - is that the cumulative effect of these "unconventional" measures will be a collapse of confidence in fiat money of all types: dollars, yen, euros.

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