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What determines the value of fiat currency? gold silver nation’s credit bank’s credit

What determines the value of fiat currency? gold silver nation’s credit bank’s credit
asked 182k views
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What determines the value of fiat currency? gold silver nation’s credit bank’s credit

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User Larsschwegmann
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C. Nations credit is the correct answer
answered
User Yaniv Kessler
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Nation's credit.  Fiat currency is a currency like the Dollar or Pound, where a government says it has value, it's not something that does actually have value like gold or silver.  The value is determined based on the nation's credit.
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User Nikita Barsukov
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