fiat money in a quote

"Thus, the use of fiat money is more justifiable in financing a depression than in financing a war."

"A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank."

Related Sources

  • Definition for "fiat money"
    • legal-tender, particularly paper currency, authorized by a government…
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  • Sentence for "fiat money"
  • Hypernym for "fiat money"
  • Urban Dictionary for "fiat money"
    • Money that (a) derives its value…
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