What Is Fiat Money and Why Is It a Problem?

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&#039;ll often hear dollars derisively referred to as &quot;fiat currency.&quot; What exactly does this term mean? And why the derision?

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