FIAT Money & Legal Tender: Difference between them |Economics explainer series |Concepts in 10 min

Поделиться
HTML-код
  • Опубликовано: 24 дек 2024

Комментарии • 35

  • @harshalgaikwad9786
    @harshalgaikwad9786 2 года назад +4

    Wow...within a seconds concept get crystal clear...TYSM Sir..😃

  • @rashmigari6461
    @rashmigari6461 3 года назад +3

    Concept Clear ✅
    Sir please upload the video regularly and also send the link of your telegram channel

  • @saraswatikaurav1043
    @saraswatikaurav1043 6 месяцев назад

    Amazing sir

  • @tasleemaanayat4554
    @tasleemaanayat4554 2 года назад

    Sir you are best teacher in economics. I like your videous

  • @hellskingZoroDa
    @hellskingZoroDa 18 дней назад

    SO Fiat Money is backed by a physical commodity?

  • @NehaSharma-vj7rn
    @NehaSharma-vj7rn 3 года назад +1

    Thanks respected sir

  • @nehabharti8386
    @nehabharti8386 Год назад

    Well explained sir...!!

  • @vandanamuskan3353
    @vandanamuskan3353 Год назад +1

    Ap ne fiat money ka example currency notes diya, to kya india me note ko refuse kiya ja sakta h, agar aisa h to notes to legal tender hi nhi rhega, please clear example den

    • @beingawareIN
      @beingawareIN 10 месяцев назад +1

      By definition, for any currency to be considered true "fiat money," it must also be legal tender within its issuing nation. If it isn't legal tender, it wouldn't hold the same guaranteed acceptance and wouldn't truly function as fiat money.
      To sirf theoretical difference he, practically same hi hote he.

  • @janardantumpal
    @janardantumpal 2 года назад +3

    Bit confused...you are saying it has to be issued by competent authority...In case of crypto who is the competent authority?how is it a legal tender as of now

  • @xexoticeditx
    @xexoticeditx Год назад

    Best ❤

  • @unboundedmission9244
    @unboundedmission9244 2 года назад

    Great....🙏

  • @rubyupdhyy8313
    @rubyupdhyy8313 3 года назад +1

    Thank you sir.

  • @mallamokshda4127
    @mallamokshda4127 Год назад

    Amazing

  • @milli789
    @milli789 Год назад

    Matlb fiat money ko refuse kr skte h?

  • @theacousticbird9136
    @theacousticbird9136 3 года назад +1

    Sir for example after 5 year firse new currency issue ho rahe hain to kon sa governor sign karenge and Kya wo har new governor change hone pe alag alag sign karenge?? Sir illogical but very confusing 😅😅😅

    • @HOPETushant
      @HOPETushant 3 года назад +1

      On whose period , currency will be issued, would get to sign .

  • @notimportant4455
    @notimportant4455 2 года назад +1

    That means, fiat currency can be refused. Only legal tender can't be refused.

  • @ChhayasRecipesMarathi
    @ChhayasRecipesMarathi 6 месяцев назад

    Demonitizetion करना तो dhara 489 क ख ग घ ड or paper currency act 1882 में ये लिखा हैं की demonitizetion करना अपराध हैं ओर ऊस affidevite को ती कोई भी सरकार बदल नहीं सक्ती

  • @rahulghoshyt
    @rahulghoshyt 2 года назад

    Thank you sir..

  • @inderinder105
    @inderinder105 2 года назад

    Thanks sir

  • @nitin9837560
    @nitin9837560 3 года назад

    But Sir El Salvador adopted Crypcurrency as legal tender...But Cryptocurrency doesn't has any physical form...??? 🤔

    • @HOPETushant
      @HOPETushant 3 года назад

      That's i said na ki they can be in virtual form like cryptocurrency

    • @nitin9837560
      @nitin9837560 3 года назад

      @@HOPETushant oh okay ...Thanks

  • @motivationmantra6523
    @motivationmantra6523 2 года назад

    Jor se boliye bhaiya ji..

  • @pixelmasque
    @pixelmasque 2 года назад

    does money laundering money out of the country, and corporate tax evasion (companies sending money to Ireland and London tax havens (google, facebook, amazon), and purchasing goods from overseas send money out of the country? Is that in part why the country runs low on money that should be re-circulated through the system thus we have to print more??

  • @speak_charlie
    @speak_charlie Год назад

    👍🏿🧐👍🏿👍🏿👍🏿

  • @sunelidigal4002
    @sunelidigal4002 Год назад

  • @pushpendrakhatri2159
    @pushpendrakhatri2159 2 года назад

    ✨✨✨

  • @discoveries5075
    @discoveries5075 2 года назад

    🥰

  • @samurai-hl4ep
    @samurai-hl4ep 6 месяцев назад

    a piece of advice improve your speaker

  • @vickykus_AC
    @vickykus_AC 2 года назад

    Tt

  • @Living-bj9vq
    @Living-bj9vq Год назад +1

    Koi clarity nahi aaya. Waste of time

  • @prashantpandey5778
    @prashantpandey5778 Год назад

    Thanks sir

  • @manoranjankataki7855
    @manoranjankataki7855 10 месяцев назад

    Thank you sir