Fiat money has value bc the gov. declares that it has value.
fiat money has only a single use as a medium of exchange
it can be kept easily untill needed.
Fiat money has only a single use as a medium of exchange.
Fiat money has only a single use as a medium of exchange.
Fiat money has value bc the gov. declares that it has value.
fiat money has only a single use as a medium of exchange
it can be kept easily untill needed.
Fiat money has only a single use as a medium of exchange.
Fiat money has only a single use as a medium of exchange.
Fiat money has only a single use as a medium of exchange.
Commodity money has value in itself while flat money has value only because it is given value
Commodity money is a good that can be used as a medium of exchange or for some other purpose. Apex
Fiat money
A commodity is a good that is worth money, there is no such thing as "commodity money". So if you have a good that was purchased from a vendor that is by definition a commodity, its value is whatever you paid for it, my suggestion is a mark up and that is its profit.
fiat money has only a single use as a medium of exchange
Commodity money is a good that can be used as a medium of exchange or for some other purpose.