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Countmein

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Countmein

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Thursday, 04/04/2024 4:44:45 PM

Thursday, April 04, 2024 4:44:45 PM

Post# of 36645
Here is a partial definition of fiat money according to Investopedia ....... judge for yourself and make up your own mind !

What Is Fiat Money?
Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The value of fiat money is derived from the relationship between supply and demand and the stability of the issuing government, rather than the worth of a commodity backing it.

https://www.investopedia.com/terms/f/fiatmoney.asp

Count

As you slide down the banister of life, may
the splinters never point the wrong way...

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