標題: Fiat Money [打印本頁]

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作者: 古惑強    時間: 2009-6-23 11:35     標題: Fiat Money

Definition of Fiat Money!  Never knew that before.

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作者: Simon    時間: 2009-6-23 11:40

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.

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作者: Trevor    時間: 2009-6-23 13:37

Haha... that is interesting... but a sad fact for our cars...

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作者: letsrock    時間: 2009-6-23 14:50

Interesting...but we see value and beauty in our cars.

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作者: 古惑強    時間: 2009-6-23 15:00

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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作者: letsrock    時間: 2009-6-23 15:02

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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