Fiat money refers to a type of currency that holds value because a government declares it as legal tender, rather than being backed by a physical commodity like gold or silver. Most modern economies ...

Fiat currencies are issued and regulated by a country’s central bank but are not backed by a commodity like gold. Fiat currency is a type of money that is created by a government and is not backed by ...

Consensus in scientific fields is a curious thing. It often indicates a blind spot. Science does not regularly yield consensus, but varying conjectures, each one in confrontation with evidence in an ...