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fiat money
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What is the fiat currency?
The introduction of the fiat dollar, right after the federal reserve, was argued, that an underlying commodity is "really not necessary". I tested this on the economics teacher when I argued in that above stately fashion that a fiat currency too is really not necessary, and I suffered...- anotherlife
- Thread
- commodity feudalism fiat money fire power migration visa
- Replies: 13
- Forum: Economy