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Fiat Currency

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Fiat Currency
Glossary

Fiat Currency

Ever wonder why that green paper in your wallet is worth anything? Or why we don't just trade chickens for cars? The answer lies in the concept of fiat currency - the bread and butter of modern economies. So grab a snack, buckle up, and let's demystify this fundamental concept in a way even your grandma could understand (she's hip, we promise).