Zitat des Tages über Fiat:
Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.
The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.
Because mechanism designers do not generally know which outcomes are optimal in advance, they have to proceed more indirectly than simply prescribing outcomes by fiat; in particular, the mechanisms designed must generate the information needed as they are executed.
Our markets have not achieved their great successes as a result of government fiat, but rather through efforts of competing interests working to meet the demands of investors and to fulfill the promises posed by advancing technology.
A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
It's my experience at Fiat and, now, Fiat Chrysler Automobiles that when there is a very strong CEO, it's a good thing to be chairman.
I think fiat currencies will become digital.
I mean, what Fiat had it was not very big, it was something like forty or fifty million dollars, but it's enough to get revolving credit, to get starting away again, the buying of new machinery.
Leftists wage the war on Christmas using their traditional methods - government fiat and the court system. They never win voting, and they certainly don't win in the free market, so they bravely fight their battles through big government.
Fiat has assembly plants in Brazil and Argentina.
At the age of 20 I bought a used Fiat 127. This was the only one I could afford!
My company Independent Ideas worked with Gucci on a special edition Fiat 500.
We hunger to understand, so we invent myths about how we imagine the world is constructed - and they're, of course, based upon what we know, which is ourselves and other animals. So we make up stories about how the world was hatched from a cosmic egg or created after the mating of cosmic deities or by some fiat of a powerful being.
Much to Mr. Obama's chagrin, ours is not a government run by fiat. The American people have shown quite clearly that they will not simply roll over while this administration seeks to undercut our founding principles in pursuit of its preferred European model of government.
I know Fiat plans to start manufacturing cars in Iran. This is wrong.
If I buy a Fiat Uno, I'll read that, for a man like me, a Ferrari was more suitable. If instead I buy a Ferrari, they'll write that I should have kept my feet on the ground and bought a Fiat. If I smile, I'm not serious. If I don't smile, I'm a rich sulker that doesn't enjoy having the most beautiful job in the world.
Avoiding the all-too-typical divisive trappings of a takeover and creating instead a shared transnational culture - this is one of the most important lessons learned from combining Fiat and Chrysler to create FCA.
It is obviously no secret that I earn a lot of money. But it is also no secret that I give most of it away. I don't live a luxurious life. I drive a small second-hand Fiat. I don't have to worry about money, which is itself a privilege. But I never had any anxiety that I would lose my identity.
A dollar vigilante is a free market individual who protests the government monopoly and financial policies, such as fractional reserve banking and unbacked fiat currencies, by selling those same fiat currencies in favor of other assets, including gold and precious metals.
