Difference between revisions of "FIAT"

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(Created page with "Fiat money is currency that a government has declared to be legal tender, but it is not backed by a physical commodity like Dollars or Euros. Category:Jargon/Various")
 
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Latest revision as of 08:52, 23 January 2022

Fiat money is currency that a government has declared to be legal tender, but it is not backed by a physical commodity like Dollars or Euros.