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rusak2 [61]
3 years ago
10

What might cause a change in the value of fiat money?

History
1 answer:
zaharov [31]3 years ago
6 0
The value of fiat money is determined by the supply and demand.  It is not supported by a commodity like gold or silver but rather on how much trust is put on it.  If the people begin to doubt the currency then it will lose its value.
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