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Unlike fiat money, commodity money has intrinsic value – examples include gold, silver or other goods like salt and cattle historically used in trade. The value of commodity money remains ...
Investing in oil, gold, or wheat follows different rules than trading stocks or bonds. «Finanz und Wirtschaft» explains the ...
rather than being backed by a physical commodity like gold or silver. Most modern economies rely on fiat money, with examples including the U.S. dollar, the euro and the Japanese yen. Its value ...