#FIAT MONEY (misspelled)

1 messages · Page 1 of 1 (latest)

bold ore
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#1010249890414202880

I was playing the money event until there was a misspelled word for "flat"

It sounds like a Russian curse word mixed with the American curse word.

arctic maple
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not a bug, fiat money is a thing
https://en.wikipedia.org/wiki/Fiat_money

Fiat money is a type of currency that is not backed by a precious metal, such as gold or silver, or backed 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. Since the end of the Bretton Woods system in 1971, the major currencie...

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The term fiat derives from the Latin word fiat, meaning "let it be done"[b] used in the sense of an order, decree[2] or resolution.