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Fiat Wealth Management
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Fiat Wealth Management

<p>In economic textbooks, the term &lsquo;fiat currency&rsquo; is loosely defined as &lsquo;faith-based currency.&rsquo; The U.S. dollar is today a fiat currency, meaning that it has no physical backing such as gold or silver. Critics argue that this is a weakness. Fiat, however, sees this as an example of the importance of trust, and even faith, for economic relationships to exist. When a parent gives a child a dollar for school, it is a vote of confidence and faith. When an individual invests a dollar, they do so because they have faith that the underlying business will succeed. Without some amount of faith in each other, economic relationships both on a large and small scale cannot exist. Trust is the bedrock of the work at Fiat Wealth Management. Learn more <a href="https://www.fiatwm.com/">here</a>.</p>

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