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Tag: Fiat Money


Business Law & Regulations, Finance

Fiat Money vs. Legal Tender: What’s the Difference?

June 14, 2021

Via: Investopedia

Fiat money does not have any intrinsic value. What value it has depends on public confidence in the currency’s issuer. Legal tender is any currency declared legal by a government. Many governments issue a fiat currency and then make it […]