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fiat currency

What is a fiat currency? Definition, discussion & examples

October 31, 2019by Margarita Leave a Comment

What is a fiat currency? First of all, fiat according to the Oxford dictionary, means a formal authorization or proposition. While currency is any form of money that is accepted as a medium of exchange and is currently in circulation. (See definitions of money and medium of exchange in the FAQ section at the bottom … [keep reading..]

Posted in: Gold economics Tagged: currency, fiat currency, gold is money, gold value, medium of exchange, money

Life cycle of money in finance?

October 20, 2019by Margarita 2 Comments

What is the cycle of money in finance? The life cycle of money is not as quick as that of a butterfly but worth all the attention. You may have noticed that in life everything goes in cycle. Money is not exception. Basically, the life cycle of money is when money goes from being gold … [keep reading..]

Posted in: Gold economics Tagged: fiat currency, purchasing power, US dollar, value of gold

A fiat currency always fails – what leads to this and how it affects you

January 30, 2017by Margarita Leave a Comment

In the previous writings, I stated that a fiat currency always fails, earlier or later. In fact, according to a well-known monetary historian and finance educator, Mike Maloney, the average life expectancy of a fiat currency is 27 years. It all began with Mike’s family accountant. Failing account, to be accurate. He was the one … [keep reading..]

Posted in: Gold economics Tagged: fiat currency, inflation, IOU, Mike Maloney, quantitative easing, recession

What is the cycle of money?

October 3, 2016by Margarita 2 Comments

*Updated Oct 19, 2019 ~~~ What is the cycle of money in finance? The life cycle of money is not as quick as that of a butterfly but worth all the attention. You may have noticed that in life everything goes in cycle. Money is not exception. Basically, the life cycle of money is when … [keep reading..]

Posted in: Gold economics Tagged: fiat currency, life cycle of money, Mike Maloney, purchasing power

What is a fiat currency? Definition, discussion and examples

June 11, 2016by Margarita 4 Comments

What is a fiat currency? First of all, fiat according to the Oxford dictionary, means a formal authorization or proposition. While currency is any form of money that is accepted as a medium of exchange and is currently in circulation. (See definitions of money and medium of exchange in the FAQ section at the bottom … [keep reading..]

Posted in: Karatbars Tagged: currency, fiat currency, medium of exchange, money

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