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4 January, 11:52

What might cause a change in the value of fiat money?

a change in the value of commodities

a change in government regulations

a change in materials used to make money

a change in individuals' spending habits

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  1. 4 January, 12:14
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    The value of fiat money is determined by the supply and demand. It is not supported by a commodity like gold or silver but rather on how much trust is put on it. If the people begin to doubt the currency then it will lose its value.
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