Definition: Fiat money is money that is intrinsically useless; is used only as a medium of exchange.
Terms related to Fiat Money:
- What Was The Gold Standard?
- Why does money have value?
- How much is the per capita money supply in the U.S.?
Books on Fiat Money:
- Fiat Money Inflation in France
- Fiat money: A review of the decisions of the United States Supreme court as to its constitutionality
- A model of fiat money and barter