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12 votes
12 votes
What is a concept to back u.s currency with gold and silver

User Eric Zoerner
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1 Answer

19 votes
19 votes

Answer:

fait money

Step-by-step explanation:

Fiat currency came about when governments would mint coins out of a valuable physical commodity, such as gold or silver, or print paper money that could be redeemed for a set amount of a physical commodity.

User Ankit Mishra
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