Fiat money
Fiat money is a type of currency that is not backed by a precious metal, such as gold or silver. It is typically designated by the issuing government to be legal tender, and is authorized by government regulation. Since the end of the Bretton... Wikipedia
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Feb 23, 2024 · Fiat money is a government-issued legal tender not backed by a physical commodity like gold. It has an unlimited quantity, and its value is ...
Fiat money is a form of currency issued by a government and declared legal tender, though not backed by a commodity.
Fiat currency is a national currency usually issued by a country's government or central bank. Find out more about fiat money, including example currencies.
A fiat money is a type of currency that is declared legal tender by a government but has no intrinsic or fixed value and is not backed by any tangible asset ...