(Answered) Please help the money we use today is called fiat money how

Economics

Please help. The money we use today is called fiat money. How would this relate to inflation? Will we likely to have more or less inflation under the fiat money system? Why or why not?

Also, discuss as we moved from barter to the gold standard to the current fiat money system, how does the impact of inflation also change with time?

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Business Economics, Economics

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