Fiat food refers to food products that derive their value more from external factors—such as government policies, corporate interests, or market manipulation—rather than from their intrinsic quality or nutritional value. These foods often exhibit characteristics of high time preference and low quality.

• High time preference means they are designed for immediate consumption, convenience, or quick profit rather than long-term benefits, such as sustainability, health, or quality.

• Low quality refers to foods that are often highly processed, nutritionally poor, or made with cheap, low-grade ingredients, prioritizing mass production and shelf stability over nutrition and taste.

“Fiat food” reflects the industrialization and commodification of food, where short-term economic incentives outweigh considerations for health, environmental impact, and culinary value.