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The team making a pre-fiat argument will argue that the pre-fiat argument should be evaluated before any other argument in the round, or at least is an important major plank that has to be supported throughout the round. This is also what makes Topicality a "voter" issue, as exploitation (and other debate theory arguments) are pre-fiat.
In macroeconomics, chartalism is the theory of money that money originated historically with states' attempts to direct economic activity rather than as a spontaneous solution to the problems with barter or as a means with which to tokenize debt, [1] and that fiat currency has value in exchange because of sovereign power to levy taxes on ...
Fiat (policy debate), a theoretical construct in policy debate; Fiat justitia, a means of granting leave to appeal by exercise of the royal prerogative; Fiat money, currency issued by government; Military fiat, process where a decision is made and enforced by military means without participation of political elements
[44] In MMT, "vertical money" enters circulation through government spending. Taxation and its legal tender enable power to discharge debt and establish fiat money as currency, giving it value by creating demand for it in the form of a private tax obligation. In addition, fines, fees, and licenses create demand for the currency.
Cryptocurrencies are becoming a global phenomenon amidst talk that they could replace fiat currencies in the near future. Cryptocurrencies adoption continues to gain momentum in part because of ...
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Fiat money is an alternative to commodity money, which is a currency that has intrinsic value because it contains, for example, a precious metal such as gold or silver which is embedded in the coin. Fiat also differs from representative money , which is money that has intrinsic value because it is backed by and can be converted into a precious ...
The USA TODAY Fact Check Team analyzed claims on abortion, immigration, guns, inflation and more. See where each candidate erred.