Which Most Accurately Explains Why Fiat Money Has Value
Which of the following most accurately explains why fiat money has value. Which of the following most accurately describes what banks do with their excess reserves. Cryptocurrency Updated News In 2021 Bitcoin Line Graphs Fiat Money Click here to get an answer to your question which accurately explains why fiat money has value shellbelle31 shellbelle31 03282017 Business College answered Which accurately explains why fiat money has value 2 See answers Advertisement. . Fiat money has value because it allows people to barter for goods and services. Fiat money is not a durable commodity. One reason why fiat money has value is that the government insists that people pay taxes and the only payment of taxes they will accept is in their own currency. Which of the following most accurately explains why fiat money has value. People is bound to accept it. Fiat money is the money with no intrinsic value and its value is guaranteed by t...