Fiat Money

Concept

Described as a technology for central banks to create currency, which, despite leading to monetary policy errors and risk oscillations, is widely adopted as the best available technology.

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Videos Mentioning Fiat Money

Peterson Academy | Dr. Charles Calomiris | The History of Financial Crises | Lecture 1 (Official)

Peterson Academy | Dr. Charles Calomiris | The History of Financial Crises | Lecture 1 (Official)

Peterson Academy

Described as a technology for central banks to create currency, which, despite leading to monetary policy errors and risk oscillations, is widely adopted as the best available technology.