A Guide to Fiat Money
Description
- What is the meaning of fiat money?
- Whether fiat money has intrinsic value?
- Fiat money is a legal tender. What does it mean?
- What happens if the government declares that a banknote of particular denomination is no longer a legal tender?
- What happens if the government issues too much fiat money?
- Does fiat money include both paper currency (banknotes) and coins?
- What are the diverse forms of fiat currency?
- Who creates fiat money?
- Who is authorized in India to print fiat money or create digital currency in the form of bank reserves?
- What happens if the central bank buys the government securities from the open market?
- How the central bank can influence the money supply?
- Fiat money has no intrinsic value whereas commodity money has intrinsic value. Comment.
- Whether the production cost of fiat money is high or low as compared to commodity money?
- What are the various differences between the fiat money and commodity money?
- What are those factors which influence the value of fiat money?
- Whether fiat money can lose its value?
- Whether supply of fiat currency is inifinite or finite?
- Central Bank has the authority to control and manage the supply of fiat money. Which factors influence the supply of fiat money?
- Whether fiat money can be replaced by cryptocurrencies?
- What are the various benefits of cryptocurrencies over fiat money?
- What are the various challenges faced by cryptocurrencies?
Who this course is for:
- Students, business man and general public
