All Free: Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency. Modern fiat money is not backed by a commodity, but can be created at will by governments.

Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency. Modern fiat money is not backed by a commodity, but can be created at will by governments.

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Submitted February 01, 2020 at 09:01AM

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