Sxaxsxa
Sxaxsxa Sxaxsxa
  • 13-05-2021
  • Business
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What is fiat money and why does it have value?

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CoolReaper
CoolReaper CoolReaper
  • 13-05-2021
The answer is… Fiat money is a type of currency that has the value because it's backed by a type of government, not because it represents ownership of a physical good, such as shinning gold. Hope this helps!
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