close
    what is fiat money

    0  Views: 285 Answers: 1 Posted: 14 years ago

    1 Answer

    Any money that is not backed by a commodity or something of value, in other words, worthless. The dollar is fiat money


    Top contributors in Economics category

     
    ROMOS
    Answers: 36 / Questions: 0
    Karma: 1950
     
    Benthere
    Answers: 1 / Questions: 0
    Karma: 1230
     
    Colleen
    Answers: 45 / Questions: 0
    Karma: 1185
     
    jhharlan
    Answers: 27 / Questions: 0
    Karma: 1050
    > Top contributors chart

    Unanswered Questions

    sunwin1sacomm
    Answers: 0 Views: 3 Rating: 0
    Phan Hưng
    Answers: 0 Views: 10 Rating: 0
    MB88
    Answers: 0 Views: 11 Rating: 0
    kuwin1club2
    Answers: 0 Views: 9 Rating: 0
    mb66eecom
    Answers: 0 Views: 17 Rating: 0
    eSIM Việt Nam HugoSim
    Answers: 0 Views: 18 Rating: 0
    > More questions...
    537662
    questions
    771797
    answers
    888677
    users