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lawful money广义上是指合法合规的货币. 不过和fiat money本质上是完全不同、相对的含义. 再拿美国货币体系举例. lawful money是指由美国财政部发行的任何形式的货币（即非fiat money）. 比如政府可以分配价值的金银币、国债等等. legal money如果不是单指legal tender的话 ...
2023年9月29日 · Fiat is a currency designed to keep you working till the day you die by stealing from you until the day you die. This. Couldn’t of said it better bro. tldr; Fiat currency is government-issued money that is not backed by physical assets but is valuable because the government deems it so.
2022年10月17日 · He basically explicitly rejects that there could be such a thing as a fiat currency in Capital, saying that while money being linked to gold is coincidental, it's always going to be linked to some commodity. Think it's just a rare L for Marx here. This wasn't necessarily a mistake on his part because while Marx knew about fiat currencies (he ...
1 个回答. 人人一木三. 经济学研究生. Fiat money is currency that a government has declared to be. legal tender. , but is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material that the money is made of. Historically, most. currencies.
2012年12月18日 · This is the meaning of "fiat" - declared. The only reason you can't equally-well declare your own fiat currency (since it would have as much connection to real commodities as the Official tm money) is because you don't win that power contest. Ultimately the fact that we value the money printed by the capitalist state's mint rather than notes ...
On the gold standard the government has to hoard the stuff so that people can trade money in for it. Without governments holding it, gold is freed up for more productive uses. Also on the gold standard, monetary policy is tied up with its supply & demand. For example, if demand for gold plummets or supply suddenly rises then people will trade ...
2022年9月23日 · The leading community for cryptocurrency news, discussion, and analysis. Fiat Is Crashing and Dying Badly. I honestly never thought it'd be so soon but fiat really looks like it's close to over. Below is a table of the major currencies around the world and their change relative to the USD from a year ago. It looks absolutely woeful.
2018年12月18日 · I can suggest Marx's Theory of Money, edited by Fred Moseley - a collection of essays on the subject. As you say, it didn't exist in Marx's time so of course he couldn't write about it. It can be however linked to the state's future ability to extract value via taxation (Fiat money is in effect a tax credit). 6. Reply.
The one legitimate issue with fiat is that, in theory, a government may have an incentive to de-value a currency to pay for a bunch of spending. This has happened historically. But it is not a big deal in a world where you have a trustworthy central bank, and comes with a lot of costs.
2023年7月6日 · Some fiat currencies have value, like USD, and really some don’t like Zimbabwean dollars. What gives fiat value are their native economies and tax laws. Government taxes in native currency allow bearer of fiat to claim real goods and services from the country’s economy. Crypto has no value like fiat, because it has NO PRODUCTIVE ECONOMY ...
