What is the difference between fiat money and representative money?

Fiat money is physical money (paper money and coins), while representative money is something that represents intent to pay the money such as a check.

from rss_headline https://ift.tt/2NKPmdr
via IFTTT

Kommentare

Beliebte Posts aus diesem Blog

Kelley Blue Book: What is the Mercedes-Benz EQB?

This is the German automaker's all-electric version of the popular compact GLB SUV. from MarketWatch.com - Top Stories https://ift.tt/3zuLGnP via IFTTT

Tax Loophole Found for Home-Equity Loan Interest

Homeowners may still qualify for a tax break on their home-equity loan interest thanks to a loophole in the recent Tax Cuts and Jobs Act. from rss_headline https://ift.tt/2SZ3e6R via IFTTT

MarketWatch First Take: Big Tech painted as the railroad barons of the digital age in antitrust hearing

For the most part — if you could tune out the political grandstanding that had nothing to do with antirust — the Congressional hearing on Big Tech gave many pointed examples of how four of the biggest tech companies in the U.S. abuse their dominant power and thwart competition. from MarketWatch.com - Top Stories https://ift.tt/2XbPKcx via IFTTT

Finance

Dieses Blog durchsuchen