The primary concern of current critics of fiat money is that:
A) fiat money is too costly to produce.
B) governments issue too much money threatening its value.
C) fiat money is too easy to counterfeit.
D) government will issue too little threatening economic growth.

Question

Quizplus · Accepted Answer

The primary concern of current critics of fiat money is that governments have the power to issue more money, which can lead to inflation and a decrease in the value of the currency. This is the main argument behind those who advocate for a return to a gold standard or other alternative forms of currency. The other options, A, C, and D, may be concerns related to fiat money, but they are not the primary concern of current critics.

The Primary Concern of Current Critics of Fiat Money Is