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What determines the value of fiat currency? gold silver nation’s credit bank’s credit
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May 5, 2018
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What determines the value of fiat currency? gold silver nation’s credit bank’s credit
History
high-school
Larsschwegmann
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C. Nations credit is the correct answer
Yaniv Kessler
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May 6, 2018
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Yaniv Kessler
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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.
Nikita Barsukov
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May 8, 2018
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