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Money has always been used as an exchange for goods.
In 1971, Fiat money was created where money was printed and issued without any backing.
The debt-based economy grew because of this.
#money #fiatmoney #historyofmoney #history #fiat #fiatcurrency
Money has always been used as an exchange for goods.
In 1971, Fiat money was created where money was printed and issued without any backing.
The debt-based economy grew because of this.
#money #fiatmoney #historyofmoney #history #fiat #fiatcurrency