जन सेवा परिषद
Jan Sewa Parishad

www.jspindia.org

Month: June 2022

Commodity Money vs Fiat Money, A Unified View

Content Banking & Insurance Origins of Commercial Bank Money What Is the Difference Between Commodity Money, Representative Money, Fiat Money, and Cryptocurrency? The Rise of Fiat Money In the beginning, they allowed the exchange of money for gold, silver, or silk. Eventually, in the 13th century, when Kublai Khan was the leader, the fiat currency …

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