What Is a Fiat Currency?
Fiat currency is all around us, but many people don't know exactly what it means. Unlike money backed by a physical item like gold or silver, fiat currency is issued…
What is a Fiat Currency? Understanding Its Role in Modern Economies
Fiat currency is a type of money that is issued by a government and is not backed by any physical commodity, such as gold or silver. Its value comes from…