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古惑強發表於 2009-6-23 11:35 | 只看該作者

Fiat Money

Definition of Fiat Money!  Never knew that before.
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Simon發表於 2009-6-23 11:40 | 只看該作者
Investopedia explains Fiat cars
Most of HK Fiat Club are fiat cars. Because fiat car is not linked to physical reserves, it risks becoming worthless due to potential problems. If people lose faith in a car reliability, the used car will no longer hold any value.
逢星期日...糕-糕-糕.

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Trevor發表於 2009-6-23 13:37 | 只看該作者
Haha... that is interesting... but a sad fact for our cars...

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letsrock發表於 2009-6-23 14:50 | 只看該作者
Interesting...but we see value and beauty in our cars.

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古惑強發表於 2009-6-23 15:00 | 只看該作者
Another detailed explanation here.
http://en.wikipedia.org/wiki/Fiat_currency

In Latin, Fiat means "Let it be done!", sounds like Nike's advert!

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letsrock發表於 2009-6-23 15:02 | 只看該作者
本帖最後由 letsrock 於 2009-6-23 15:04 編輯

I always say ""lLet it be done"....Please!" at Tsuen Kee when my Car is there for fixing...

So in Italian would be "Fiat...per favore!"

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