Fiat Money

Collection by Money: The Root of All Evil

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Fiat money is money that derives its value from government regulation or social norms. These are objects that have no or little intrinsic use value as a physical commodity, and derive value by being declared by a government or institution to be legal tender. Examples of fiat money include coins (metals), checks and bills (paper).

Money: The Root of All Evil
"In twelve member states of the European Union introduced a new currency: the Euro" Fiat Money, Money Change, Euro Coins, Legal Tender, World Coins, Saving Money, Thrift, Play, Image

Economic and Financial Affairs

European Commission - our currency

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