Sentence examples for Fiat currency from inspiring English sources
noun
Money that has indirect market value or is given legal tender status by government fiat.
"Fiat currency is essentially currency the government decrees to be legal tender," Willis says.
Fiat currency has driven the outsourcing economy in reverse.
Fiat currency manipulation and debasement are worthy problems to tackle.
"Fiat currency is a modern issue," Qadhi said.
He reads books on fiat currency.
The answer amazed us: A fiat currency could be the basis for a satisfactory monetary system!
For better or worse, contemporary fiat currency systems do not require bullion in order to function.
"Bitcoin wasn't really developed to be a replacement for fiat currency.
Today's cryptocurrencies tend to be volatile unless they're backed by fiat currency in a bank account.
A fiat currency, on the other hand, can be devalued by centralized monetary policy.
The second is a "fiat currency," created by a ruler with the power to compel use.
