Marketplace’s Paddy Hirsch on the origin of the term ‘fiat currency’ that you’ll often hear to describe U.S. dollars and other nations’ paper money:
AUTHOR
Interactive Advisors
496 postsYou may also like
The central bank’s coming monetary shift looms over the markets
Stocks finished the week mixed, bookending losses around midweek gains as investors digested fresh inflation data.
US equities turned in the worst quarterly performance since 2011.
As we see the economy start to strengthen during the fall and winter quarters, retail stocks could be an area that may benefit.