Fiat System
Posted By: TradersLog
The Fiat System refers to the use of money as a storage medium for purchasing power. As opposed to the barter system.
See also: Fiat Money, Commodity Money
The Fiat System refers to the use of money as a storage medium for purchasing power. As opposed to the barter system.
See also: Fiat Money, Commodity Money
Leave a Reply
By submitting a comment here you grant Traders Log a perpetual license to reproduce your words and name/web site in attribution. Inappropriate or irrelevant comments will be removed at an admin's discretion.