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Fiat Money: Definition, Examples, Pros and ConsFiat money refers to a type of currency that holds value because a government declares it as legal tender, rather than being backed by a physical commodity like gold or silver.
Down in Brazil, Fiat has a hit with the Siena Tetrafuel, a sedan that can burn four types of fuel. The 1.4 liter engine in the Siena Tetrafuel can handle moisturized alcohol, Brazilian gasoline ...
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