If Fiat Money Has No Value Apart from Its Use

question 61

Essay

If fiat money has no value apart from its use as money,how can it be used as a medium of exchange?

---

Definitions:

Symptoms

Observable signs or indications of a disease, disorder, or condition.

Mental Illness

A wide range of mental health conditions that affect mood, thinking, and behavior, often resulting in distress or impairment in functioning.

Medical Model

A framework that views psychological disorders as similar to physical illnesses, considering symptoms, diagnoses, and treatment.

Medical Model

A framework for understanding diseases and disorders by categorizing them through diagnosis, treatment, and prognosis based on biological causes.