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18-05-2017
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What might cause a change in the value of fiat money?

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Babybeautystar Babybeautystar

18-05-2017

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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