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US dollar as fiat currency vs golden bullion made of gold. Value and price of paper money is compared to cost of precious metal. Balance of Gold stand Stock Photo - Alamy
What is a fiat currency?
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:max_bytes(150000):strip_icc()/Term-f-fiat-money_Final-953bce87486c4f88b5e47de741268c74.png "Fiat Money: What It Is, How It Works, Example, Pros & Cons")
Fiat Money: What It Is, How It Works, Example, Pros & Cons
Fiat Money - Overview, History, How It Works, Pros and Cons
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How Currency Works
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What Is a Fiat Currency?
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