单词 | fiat money |
释义 | fiat money (once / 164158 pages) n WORD FAMILY fiat money USAGE EXAMPLESBut would resorting to the large-scale creation and distribution of fiat money actually do what it is supposed to do: increase spending throughout the economy? The New Yorker(May 13, 2016) The 1970s were such terrible egg-on-the-face of the fiat-money argument it is astounding that fiat money ever survived the episode. Forbes(May 18, 2015) In most modern economies, in contrast, the currency is fiat money whose supply is controlled by a central bank. Forbes(Apr 18, 2015) n money that the government declares to be legal tender although it cannot be converted into standard specie Hyper folding money, paper currency, paper money currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie |
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