What is a Fiat currency?
1 year ago
9
A fiat currency is a type of money that is issued by a government and is solely backed by the government's authority. Unlike commodity money such as gold or silver, fiat currency does not have a guaranteed exchange rate with any other asset. The value of fiat currency is determined by supply and demand, which can be influenced by the stability of the issuing government. Most commonly used currencies, such as the British pound and the US Dollar, are examples of fiat currency.
Loading comments...
-
11:14
AV
8 months ago#206 Fiat Currencies
45 -
1:47
Larry209
8 months agoPaper Fiat money or gold and silver coins
35 -
3:40
TheMadManc0161
1 year agoFiat Money Explained
29 -
0:24
BitcoinBob21
1 year agoWhat is Fiat Currency #shorts #bitcoin
1 -
1:52
The Last Capitalist in Chicago
1 year agoWhat is the CFA Franc?
176 -
13:26
AV
7 months ago#303 CFA franc
57 -
1:27
DriveHard
1 year agoFiat Currency Collapse?
72 -
2:24
MRDeVinney
8 months agoFiat Money | It's Impossible that it can Last Forever
2 -
8:26
Thoughts on being
1 year agoUS Currency
6 -
1:41
Our Silverlines
1 year agoWhat is Fiat Currency?
134