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Debate: Fiat currency
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Revision as of 18:09, 14 November 2008 (edit) Jonathan Winterfield (Talk | contribs) (→Write debate main question here... - +) ← Previous diff |
Revision as of 18:10, 14 November 2008 (edit) Jonathan Winterfield (Talk | contribs) (→Background and Context of Debate: - +backgrounf) Next diff → |
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===Background and Context of Debate:=== | ===Background and Context of Debate:=== | ||
+ | The terms fiat currency and fiat money relate to types of currency or money whose usefulness results not from any intrinsic value or guarantee that it can be converted into gold or another currency, but instead from a government's order (fiat) that it must be accepted as a means of payment. | ||
+ | This debate asks if fiat-currency should be used. | ||
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+ | <small>Some content for this introduction is taken from [[wikipedia:Fiat currency|Fiat currency]] at Wikipedia.</small> | ||
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===Write Subquestion here...=== | ===Write Subquestion here...=== | ||
Revision as of 18:10, 14 November 2008
Should fiat currencies exist? |
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Background and Context of Debate:The terms fiat currency and fiat money relate to types of currency or money whose usefulness results not from any intrinsic value or guarantee that it can be converted into gold or another currency, but instead from a government's order (fiat) that it must be accepted as a means of payment. This debate asks if fiat-currency should be used. Some content for this introduction is taken from Fiat currency at Wikipedia. |