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  • 29-06-2016
  • Business
Answered

Why do most nations use fiat money today

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7577
7577 7577
  • 29-06-2016

Because fiat money is not linked to physical reserves, it risks becoming worthless due to hyperinflation. If people lose faith in a nation's paper currency, like the dollar bill, the money wont have any value. hope this helped


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