fiat

Counteracting this fiat currency debasement explains why Howell thinks “it’s not just a question of gold or bitcoin; it’s a question of gold and bitcoin.”

Inflation is still elevated and long-term confidence in fiat currencies are under pressure, so silver’s risk-reward profile is “compelling,” said Rhind.

“Under binding Supreme Court precedent, a State may not, by legislative fiat, reopen time-barred claims and transfer property whose ownership is already vested,” the museum argued.

But there are limits to what he can do by executive fiat, as we will learn when the Supreme Court rules on challenges to his orders.

“Loose liquidity continues to support Bitcoin as an alternative to fiat and gold as a debasement hedge.”