FIAT Money | What is Fiat Money? | Fiat Money Explained in Hindi | Meaning of Fiat Money

🔴 What Is Fiat Money?

Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The value of fiat money is derived from the relationship between supply and demand and the stability of the issuing government, rather than the worth of a commodity backing it.
Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies.

🫵🏻 Fiat money is a government-issued currency that is not backed by a commodity such as gold.
🫵🏻 Fiat money gives central banks greater control over the economy because they can control how much money is printed.
🫵🏻 Most modern paper currencies, such as the U.S. dollar, are fiat currencies.
🫵🏻 One danger of fiat money is that governments can print too much of it, resulting in hyperinflation.

========================================
🔴 This video might be useful for students preparing for -
🫵🏻 11th Commerce #11thcommerce
🫵🏻 12th commerce boards #12thcommerce
🫵🏻 CUET #cuet
🫵🏻 CSEET(CS FOUNDATION ICSI) #cseet
🫵🏻 CA Foundation #cafoundation
🫵🏻 UGC NET COMMERCE #ugcnetcommerce
🫵🏻 LLB #llb
🫵🏻 UGC NET LAW #ugcnetlaw
🫵🏻 Economics, Accounts, Business Studies Students

========================================
🔴 In this video-
Teacher's Name - CS Payal Popli
Topic - Meaning of FIAT MONEY
========================================
#padhakulog #economics #economicstudent #statistics #economics11thclass
#csfoundation #icsi #companysecretary #companiesact2013 #commercestudents
#legalaptitudeandlogicalreasoning #cuet #cuetpreparation

===============================================
🫵🏻 Connect with us-
🗣️Instagram- https://instagram.com/padhaku_log?igs...
🗣️Facebook-   / padhaku-log-101091301476679  
🗣️Mail id- padhakulog14@gmail.com
🗣️Watsapp-9630227777
🗣️Telegram-9630227777
===============================================

❤️About us:
Padhaku Log is a platform specially created for those students who live in remote areas and don’t have access to fancy coaching classes. A channel which wants to bring parity in knowledge level of all.