Is there danger in giving governments the power to create fiat money?

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asked Jan 16, 2020 99.4k views

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Melvynkim · Answer 1 · 2020-01-22T13:05:41+0000

Answer: yes and no. For the most part yes as it allows the government to pick and choose what is and isn't recognized as a local currency. A good example of fiat money is gold.

Is there danger in giving governments the power to create fiat money?

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