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Definition of Fiat

Fiat

  1. An authoritative command or order to do something; an effectual decree.
  2. A warrant of a judge for certain processes.
  3. An authority for certain proceedings given by the Lord Chancellor's signature.

Fiat Quotations

If I buy a Fiat Uno, I'll read that, for a man like me, a Ferrari was more suitable. If instead I buy a Ferrari, they'll write that I should have kept my feet on the ground and bought a Fiat. If I smile, I'm not serious. If I don't smile, I'm a rich sulker that doesn't enjoy having the most beautiful job in the world.
Mario Balotelli

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
Ron Paul

The Democratic Party is made up of trial lawyers, labor unions, government employees, big city political machines, the coercive utopians, the radical environmentalists, feminists, and others who want to restructure society with tax dollars and government fiat.
Grover Norquist

Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.
Carroll Quigley

In its heyday, the car was an expression of technical flair and design genius: the original Mini, the Beetle, the 2CV, and the Fiat 500 were all, in their various ways, inspired incarnations of functionality.
Martin Jacques
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