I mean, this is all true which is why we have fiat currencies. The UK government... | Hacker News

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		XorNot 7 months ago \| parent \| context \| favorite \| on: No one is disrupting banks – at least not the big ... I mean, this is all true which is why we have fiat currencies. The UK government has consistently honoured debt for longer then the US has existed, for example.

nine_k 7 months ago [–]

Inflation, and especially controlled inflation, is much easier with fiat money. Most governments see it as an extremely valuable tool.

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