How Did the U.S. Dollar Become a Fiat Currency?
September 27, 202535487 view(s)A fiat currency’s value depends on people's confidence in the issuing authority and its usefulness. If people stop using the Dollar, it will lose all value.

A fiat currency’s value depends on people's confidence in the issuing authority and its usefulness. If people stop using the Dollar, it will lose all value.

China has increased its gold holdings for the sixth month in a row in an effort to offset risks of the dollar.

Debt limit default looms over Congress as the end of the debt suspension approaches.

Regional bank stocks plunge after a tenth consecutive rate hike.

First Republic Bank was taken over by regulators and sold to JP Morgan Chase, becoming the second-largest bank failure in U.S. history.

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Mortgage fees will increase for those with strong credit scores and decrease for those with low scores under new changes.

A change has been made to Arkansas' legal code to include specie as legal tender, allowing gold and silver to be considered money.