Fiat currency is money that isn't backed by something, such as gold. https://en.wikipedia.org/wiki/Fiat_money https://en.wikipedia.org/wiki/Fiat_money https://

Fiat currency is money that isn't backed by something, such as gold. https://en.wikipedia.org/wiki/Fiat_money https://en.wikipedia.org/wiki/Fiat_money https://en.wikipedia.org/wiki/Intrinsic_value_(numismatics) https://en.wikipedia.org/wiki/Intrinsic_value_(numismatics)