This article is more than 10 years old. This is an amusing story from Pakistan. A rumour has taken hold that the old 1 rupee coin is worth substantially more than the 1 rupee face value due to the ...
Just about all public money these days is fiat money. Fiat meaning here not small Italian car, but "by decree." The government points to something and declares that is money. Might be a coin, might be ...
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