Our monetary standard today is the paper dollar, issued by the Federal Reserve, and can be exchanged for gold or silver.
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Q24: Financial assets are money, debt instruments, equity
Q25: Fiat money is a form of credit
Q26: The use of "continentals" led to a
Q27: Real assets include the direct ownership of
Q28: Fiat money must be backed by a
Q30: Full-bodied money is a monetary standard based
Q31: Purchasing power is increased by inflation.
Q32: Physical money includes coin and currency.
Q33: How easily and with little loss of
Q34: Representative full-bodied money consists of paper money
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