fashion jewelry wholesale turkey Ask a financial issue: What is the difference between using currency and credit currency?

fashion jewelry wholesale turkey Is there a currency that belongs to both substitute currency and credit currency? (For example, banknotes, the book says that cash is a credit currency but does not indicate whether it belongs to the substitute currency. So does the banknote belong to the album currency?)

2 thoughts on “fashion jewelry wholesale turkey Ask a financial issue: What is the difference between using currency and credit currency?”

  1. christian wholesale jewelry The use of currency is an indirect currency. For example, we often find some vouchers or coupons when shopping. Credit currencies are a credit voucher that can exchange with any food.

  2. jewelry supply wholesale catalog The use of currency is the alternative of metal currency. When the precious metals were used to make currency in the past, the circulation was inconvenient. It goes to a specific place for gold. How much gold can be printed by the country's gold replacement currency. If you have printed more, everyone will come to the country to exchange gold. If the country can't change it, you have to go bankrupt.
    The credit currency is the currency that rely on national credit to guarantee. It is okay to print as much. The original ten dollars can only be used as one dollar, and at least inflation is inflated. A country's development prospects are good, the printed credit currency is planned, and the money is preserved. For example, the current RMB, a country's development prospects are not good, the printed credit currency is not too much, and the money depreciates. For example A box of matches.
    When using currencies, the base currency is precious metal, and banknotes are just the stand -in of precious metals. When using a credit currency, its own currency is credit currency.
    The answer to the answer to the voucher above says.

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