英语翻译
英语翻译
The term of fiat means "let it be done or by order of the authority".Fiat money is an intrinsically worthless(almost worthless) commodity that serves the functions of money.Some of the earliest fiat monies were the continental currency issued during the American Revolution and the "greenbacks" issued during the Civil War,which circulated until 1879.Another early issue of fiat money was that of the so-called assignat issued during the French Revolution.These early experiments with fiat money ended in rapid inflation because the amount of fiat money created was allowed to increase at a rapid pace,causing the money to lose value.
菲亚特的长期手段“让它通过主管当局的命令或”法定货币是一种内在的毫无价值的(几乎一文不值)的商品,服务的资金职能.一些最早的菲亚特款项是大陆在美国革命期间发行的货币和“美钞发布的”内战期间,直到1879法定...