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makenzienaustin
makenzienaustin makenzienaustin
  • 27-01-2017
  • History
Answered

What determines the value of fiat currency? gold silver nation’s credit bank’s credit

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baseballboyg
baseballboyg baseballboyg
  • 27-01-2017

Nation's credit.  Fiat currency is a currency like the Dollar or Pound, where a government says it has value, it's not something that does actually have value like gold or silver.  The value is determined based on the nation's credit.

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Hamilton420
Hamilton420 Hamilton420
  • 30-01-2017
CNations credit is the correct answer
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