Topic Summary (from en.wikipedia.org): Fiat money or fiat currency is money whose value is not derived from any intrinsic value or guarantee that it can be converted into a valuable commodity (such as gold). Instead, it has value only by government order (fiat). Usually, the government declares the fiat currency (typically notes and coins from a central bank, such as the Federal Reserve System in the U.S.) to be legal tender , making it unlawful to not accept the fiat currency as a means of repayment for all debts, public and private.
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Major Themes:
- money: Fiat money or fiat currency is money whose value is not derived from any intrinsic value or guarantee that it can be converted into a valuable commodity (such as gold) (from en.wikipedia.org)
- commodity money: Fiat money or fiat currency is money whose value is not derived from any intrinsic value or guarantee that it can be converted into a valuable commodity (such as gold) (from en.wikipedia.org)
- legal tender: Usually, the government declares the fiat currency (typically notes and coins from a central bank, such as the Federal Reserve System in the U.S.) to be legal tender , making it unlawful to not accept the fiat currency as a means of repayment for all debts, public and private. (from en.wikipedia.org)
- Fiat currency: Usually, the government declares the Fiat currency (typically notes and coins from a central bank, such as the Federal Reserve System in the U.S.) to be legal tender , making it unlawful to not accept the Fiat currency as a means of repayment for all debts, public and private. (from en.wikipedia.org)
- MSN Money: More stories on MSN Money ... (from moneycentral.msn.com)
- Market News: The MSN Money Web site will continue to provide personal finance information and advice plus comprehensive Market News and quotes (from www.microsoft.com)
- new home sales: A surprise drop in new home sales sends market lower, with the Nasdaq sliding for the fourth straight session, as investors question strength of the economic recovery (from money.cnn.com)
- exchange fees: Monthly price includes exchange fees (from www.money.net)
- Peter Wadams: Peter Wadams , better known by his stage name P-Money , is a Hip-hop DJ and Producer from New Zealand (from en.wikipedia.org)
- New Zealand: His most notable work is on the hit song Everything featuring New Zealand singer Vince Harder , which was number one on the RIANZ Music Singles Charts for 3 weeks. (from en.wikipedia.org)
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