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If fiat money has no value apart from its use as money, how can it be used as a medium of exchange?

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If fiat money has no value apart from its use as money, how can it be used as a medium of exchange?

If fiat money has no value apart from its use as money, how can it be used as a medium of exchange?

Textbook

Money, Banking, and the Financial System

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

Read 53 times

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