Jun 16, 2025
Оfftopic Community
Оfftopic Community
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
New profile posts
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
iHav to Drive
European Imports
What is the advantage of a fiat money system?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Patchouli42" data-source="post: 2316569" data-attributes="member: 806096"><p>That if properly controlled by the government can be used to maintain liquidity and prosperity of the country. Fiat is not bad as long as government controls the quantity properly. </p><p></p><p>Gold sounds like a good idea until you consider who currently owns the most gold. If we were to go back to gold as a standard we would suddenly make the central banks and IMF even richer and more powerful than before.</p></blockquote><p></p>
[QUOTE="Patchouli42, post: 2316569, member: 806096"] That if properly controlled by the government can be used to maintain liquidity and prosperity of the country. Fiat is not bad as long as government controls the quantity properly. Gold sounds like a good idea until you consider who currently owns the most gold. If we were to go back to gold as a standard we would suddenly make the central banks and IMF even richer and more powerful than before. [/QUOTE]
Insert quotes…
Name
Verification
Please enable JavaScript to continue.
Loading…
Post reply
Top