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What Is Fiat Money?
Fiat money is a currency issued by a government that is backed by the authority and power of that government and its economy rather than a physical commodity. Historically, governments would mint ...
A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat money, non-gold-standard money, today, from the perspective of the ...
Economist Peter Schiff says tokenized gold could play a central role in a future monetary system, arguing it offers a more ...
Renowned venture capitalist and influencer Naval Ravikant on Sunday described cryptocurrencies as free-market technology that would eventually replace the “socialist” fiat system. In an X post, ...
Ray Dalio speaks onstage during the 2025 TIME100 Summit at Jazz at Lincoln Center on April 23, 2025 in New York City. For a long time, I have had concerns about national debts and the value of fiat ...
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