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词汇 fiat-money
释义 BETA

fiat money

collocation in English

meanings of fiatand money


These words are often used together. Click on the links below to explore the meanings.
fiat
noun[ C or U ]
uk /ˈfiː.æt/ us /ˈfiː.ɑːt/
an order given by a person ...
See more at fiat
money
noun[ U ]
uk /ˈmʌn.i/ us /ˈmʌn.i/
coins or notes (= special pieces of paper) that are used to buy things, or an amount of these that a ...
See more at money


Examples of fiat money


fiat money
An infinite sequence of generations allows a government to issue fiatmoney handed from one generation to another.
This suggests a need for centralized institutions to support the circulation of fiatmoney, which is what seems to have happened historically.
This paper reconsiders the transition from barter to fiatmoney when prices are determined endogenously by the strategic bargaining process.
Therefore, if a sufficient amount of fiatmoney is supplied, the fixed asset (land) need not play the role of commodity money in the equilibrium.
Both young and middle-aged consumers may hold fiatmoney m, the value of which depreciates with a rate of inflation each period.
Of course, if fiatmoney had superior storability (or some other superior intrinsic property), presumably it could be valued.
Proposition 3 gives an example of how a penalty-rate policy can be useful in a fiatmoney system. 10.
In a version of that model, traders were always willing to accept fiatmoney, an object that was both universally accepted and easily storable.
The goal of this paper is to examine the importance of prices in understanding the transition from barter to fiatmoney and its possible breakdown.
The uncertainty in the transition to fiatmoney implies a longer transition path, accompanied by a higher expected inflation along the transition.
However, we assume that the money in the model is unbacked fiatmoney.
Neither rule comes close to what we observe in real-world economies with fiatmoney.
In addition to labor output, there is one other good: fiatmoney, issued by the government.
It is a pure endowment economy with fiatmoney.
Simulations of the environment with constant money supply converge to the stationary equilibrium in which fiatmoney is valued.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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