$CFX

Fiat's Economic Tools and Ease of Use

Central banks have these powerful tools called monetary policies that they can use to steer economic growth, keep inflation from getting out of hand, and even help manage unemployment. This kind of flexibility is absolutely vital when it comes to tackling economic challenges head-on. For most of us, using fiat currency is just second nature—whether you’re paying with cash, swiping a credit card, or making a bank transfer. The whole system for using it is super well-established and easy to get your hands on.