Fiat

Debates and Opinions

Debates

  • Bimetalism is better than Fiat Money

    The Superiority of Fiat Money Unlike Bimetallism, fiat money is capable of adjusting to changes in demand. Because fiat money is capable of adjusting to the changes in monetary demand, fiat money is much more economically sound. Defintions(n) fiat money (money that the government declares to be legal tender although it cannot be converted into standard specie)(n) bimetallism (a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio) Rules:1.) No Ad Hominem Attacks2.) Dismissed arguements will be considered droppedDebate Format:1st round: acceptance only2nd round: Arguements / no rebuttals3rd round: Rebuttals / no arguements4th round: Defense against rebuttals & closing remarks / no new arguements or rebuttals I accept.

  • Should we transition to an electricity-backed dollar?

    Pro claims without support that "fiat money has wrecked our economy" that fiat money facilitates "massive deficit spending" and that this has resulted in the "destruction of our purchasing power" and "increased the real value of our ever-increasing national debt." How exactly has fiat money wrecked our economy? If fiat money has facilitated deficit spending, then the national debt must be comprised of the same meaningless fiat money, which means that at least the idea of fiat money decreases the "real value" of the national debt. Our fiat money has wrecked our economy by facilitating massive deficit spending, resulting in the destruction of our purchasing power, increasing the real value of our ever-increasing national debt.

Opinions

Polls

  • Currency should be...

    Fiat Money Fiat Money Representative Money Representative Money Fiat Money Being as currency is fiat, I think a change to a tangible non fractional banking system would be more plausible Representative Money Representative Money Representative Money Im starting to wonder if people chose this one because of the picture Representative Money Representative Money Representative Money Representative Money Representative Money Representative Money Representative Money Fiat Money Representative Money Representative Money Fiat Money See comments Fiat Money Representative money makes it so much harder to enact monetary policy, If we go into another recession, as we cyclical do every 7 years or so, why not have a strong policy to fix it Representative Money Representative Money Representative Money agreed Fiat Money ...

  • Gold Standard vs. Fiat Currency

    Gold Standard Gold Standard Fiat Currency Fiat Currency fiat is the only way to go the gold standard has failed many times such as argentina it would lead to bankruptcy and we dont have enough gold in the world to support only the us debt let alone the whole world Gold Standard Accountability, and it gives something for us to fall back on if the country goes to heck. Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Fiat Currency Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Gold Standard Fiat Currency The gold is outdated, and lacks many desirable features of modern currencies. Fiat Currency Fiat Currency

Forums

  • Fiat Government

    Is fiat government better than a government that revolves around persuasion?

  • Question about debating line

    I'm not too sure if this is right or not, but I am currently having a debate with "racismisawesome" and there is an easy use of a pre-fiat argument...

Frequently Asked Questions

  • Q:
    Who founded Fiat?
  • A:
    Giovanni Agnelli started the business.
  • Q:
    What is the stock ticker symbol and exchange for Fiat?
  • A:
    The company's ticker symbol is "FIA" listed on the NYSE stock exchange and "FIA" listed on the Borsa Italiana stock exchange.
  • Q:
    What companies has Fiat purchased?
  • A:
    Strategic acquisitions made by Fiat include Officine Meccaniche.
  • Q:
    How many people work for Fiat?
  • A:
    In the year 2008 there were 185,227 people employed by the company.
  • Q:
    Which industries does Fiat compete?
  • A:
    The company operates in Automobile, Aviation and Motor Vehicles and Passenger Car Bodies.
  • Q:
    During which year was Fiat founded?
  • A:
    The company was founded in 1899.
  • Q:
    Which car models does Fiat make?
  • A:
    Here is a short list of the models made by Fiat :
    Fiat 521
    Fiat 1500
    Fiat 2100
    Fiat Linea.
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