The rates on this page are against Canadian Dollars, apply to money transactions only and are supplied merely for details. One particular of the reactions of Austrian austerian economists to MMT is that governments will naturally abuse the energy to produce fiat funds and result in hyperinflation. It is an unfortunate truth of paper money that it tends to turn out to be backed by absolutely nothing a lot more than empty promises from politicians and the capacity of central banks to manipulate prices through inflation. The principal a single getting that in a lot of (if not most) countries …