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Actually, fiat money means something else. According to Wikipedia: "Fiat money is currency which derives its value from government regulation or law".[0] It doe
by vertex-four 12y ago
Actually, fiat money means something else. According to Wikipedia: "Fiat money is currency which derives its value from government regulation or law".[0] It doesn't mean "currency which derives its value from a collectivist agreement".
[0] http://en.wikipedia.org/wiki/Fiat_money http://en.wikipedia.org/wiki/Fiat_money