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  2. Fiat money - Wikipedia

    en.wikipedia.org/wiki/Fiat_money

    Fiat money is a type of government issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity. Fiat currency is typically designated by the issuing government to be legal tender , and is authorized by government regulation.

  3. Legal tender - Wikipedia

    en.wikipedia.org/wiki/Legal_tender

    The value of Legal Tender Greenbacks swung wildly but trading was from 85 to 33 cents on the gold dollar. [citation needed] This resulted in a situation in which the greenback "Legal Tender" notes of 1862 were fiat, and so gold and silver were held, and paper circulated at a discount because of Gresham's law. The 1861 Demand Notes were a huge ...

  4. Executive order - Wikipedia

    en.wikipedia.org/wiki/Executive_order

    The legal or constitutional basis for executive orders has multiple sources. Article Two of the United States Constitution gives presidents broad executive and enforcement authority to use their discretion to determine how to enforce the law or to otherwise manage the resources and staff of the executive branch.

  5. List of circulating currencies - Wikipedia

    en.wikipedia.org/wiki/List_of_circulating_currencies

    For the purposes of this list, only currencies that are legal tender, including those used in actual commerce or issued for commemorative purposes, are considered "circulating currencies". This includes fractional units that have no physical form but are recognized by the issuing state, such as the United States mill , [ A ] the Egyptian ...

  6. Money - Wikipedia

    en.wikipedia.org/wiki/Money

    Legal tender, or narrow money (M0) is the cash created by a Central Bank by minting coins and printing banknotes. Bank money , or broad money (M1/M2) is the money created by private banks through the recording of loans as deposits of borrowing clients, with partial support indicated by the cash ratio .

  7. ‘A one-man economy’ who no one dared oppose: Working for Sean ...

    www.aol.com/finance/one-man-economy-whom-no...

    Combs and his legal team have full confidence in the facts and the integrity of the judicial process. ... Fiat did, too. Tommy Hilfiger … Puff was a one-man economy for a nice little minute, you ...

  8. Greenback (1860s money) - Wikipedia

    en.wikipedia.org/wiki/Greenback_(1860s_money)

    A form of fiat money, the notes were legal tender for most purposes and carried varying promises of eventual payment in coin ... This note is a legal tender for all ...

  9. Explainer-How Trump could bypass the Senate to install his ...

    www.aol.com/news/explainer-trump-could-bypass...

    President-elect Donald Trump has said he might install his picks for top administration posts without first winning approval in the U.S. Senate. This would erode the power of Congress and remove a ...

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