Fiat currency is currency based on nothing of intrinsic value. Such as not being backed by a precious metal or a deed to something.
I don't care about what Wikipedia says in this regard and either way it is clearly a discussion of semantics.
I love how you do not even read your own article...Seriously this forum is filled with quite many fools which is sad for such a complex and interesting new idea.
"money without intrinsic value.[9][10]"
I don't know, one of those links to Yale and the other to the guy running Harvards Economic department.
Maybe you don't consider those universities? Homeschooling is the best university!
I am really trying to hard to be polite here but this is absurd. DO not throw stones in a glass house.
I don't care about what Wikipedia says in this regard and either way it is clearly a discussion of semantics.
I love how you do not even read your own article...Seriously this forum is filled with quite many fools which is sad for such a complex and interesting new idea.
"money without intrinsic value.[9][10]"
I don't know, one of those links to Yale and the other to the guy running Harvards Economic department.
Maybe you don't consider those universities? Homeschooling is the best university!
I am really trying to hard to be polite here but this is absurd. DO not throw stones in a glass house.