First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/05/10/what-is-fiat-money-and-why-is-it-a-problem-003181
<p><img src='https://www.moneymetals.com/uploads/content/what-is-fiat-currency.jpg'/></p>If you follow alternative financial media, you'll often hear dollars derisively referred to as "fiat currency." What exactly does this term mean? And why the derision?
<p><img src='https://www.moneymetals.com/uploads/content/what-is-fiat-currency.jpg'/></p>If you follow alternative financial media, you'll often hear dollars derisively referred to as "fiat currency." What exactly does this term mean? And why the derision?