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1. Fiat money - Wikipedia
wikipedia.org
Link: https://en.wikipedia.org/wiki/Fiat_money
Description: WebFiat 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 …
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2. Fiat Money: What It Is, How It Works, Example, Pros & Cons
investopedia.com
Link: https://www.investopedia.com/terms/f/fiatmoney.asp
Description: WebFeb 28, 2024 · Fiat money is a government-issued currency that is not backed by a commodity such as gold. Fiat money gives central banks greater …
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3. What Is Fiat Money, and How Does it Differ from Cryptocurrency?
nerdwallet.com
Link: https://www.nerdwallet.com/article/investing/fiat-currency
Description: WebSep 28, 2022 · Fiat currency (or fiat money) is government-controlled money such as the U.S. dollar and other national currencies. Generally, fiat money …
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4. Fiat vs. Representative Money: What's the Difference? - Investope…
investopedia.com
Link: https://www.investopedia.com/ask/answers/041615/what-difference-between-fiat-money-and-representative-money.asp
Description: WebDec 2, 2023 · Fiat money is physical money—paper or coins—while representative money is a check or other form of currency that can be …
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5. Fiat Money vs. Legal Tender: What’s the Difference? - Investopedia
investopedia.com
Link: https://www.investopedia.com/ask/answers/041515/what-difference-between-fiat-money-and-legal-tender.asp
Description: WebUpdated August 27, 2023. Reviewed by. Erika Rasure. Fiat Money vs. Legal Tender: An Overview. Fiat money does not have any intrinsic value. What …
