Lost in translation: "I needed the fiat"

Gabrie

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Quote from: b!z on December 04, 2013, 08:51:31 AM

Fiat is government issued money. Examples would be the U.S. Dollar, euro, and Japan yen.

Thanks all !!!

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b!z

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Fiat is government issued money. Examples would be the U.S. Dollar, euro, and Japan yen.

Gabrie

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Merit: 0

Quote from: TookDk on December 04, 2013, 08:36:01 AM

I believe if you look inside your good old leather wallet you might find some "fiat":

http://en.wikipedia.org/wiki/Fiat_money

Hard cash :-)

TookDk

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One coin to rule them all

I believe if you look inside your good old leather wallet you might find some "fiat":

http://en.wikipedia.org/wiki/Fiat_money

Gabrie

newbie

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Merit: 0

Hi
My English is pretty good, but I can't seem to find a good explanation for "I needed the fiat". I see more references to "fiat" here in the forums and I can about guess what is meant, but not 100% sure.

So who can explain to me what "fiat" means.
(And I'm not talking about the carbrand ;-) )

Topic: Lost in translation: "I needed the fiat" (Read 414 times)