|
|
|
|
|
|
by thaumasiotes
1193 days ago
|
|
|
> As best historians can determine, fiat currency originated in 11th Century China This is untrue; for example, fiat currency was already in use in Seleucid Persia (which began in the 4th century BC). It wouldn't be even minorly difficult to turn up other examples; any time there's a fixed exchange rate between coins of different metals, one of those coins is fiat. |
|
|