Value of Currency, Gold vs. Fiat; The Genuine and Spurious

7 min read

Money is a verifiable document commonly admitted as payment for goods and services or repayment of debts. It functions as a standard of exchange, a unit of account, a reserve of value, and seldom a deferred payment standard. For the economist, money is an economic unit that works as a generally recognized medium of exchange for transactional purposes. Money makes the world go around. Even though a document or paper’s value as worthless as a piece of paper was once considered the representation of another fictitiously valued commodity, i.e., Gold. Nonetheless, it backs even more fictitious things that don’t have…...

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Adam Tabriz, MD Dr. Adam Tabriz is an Executive level physician, writer, personalized healthcare system advocate, and entrepreneur with 15+ years of success performing surgery, treating patients, and creating innovative solutions for independent healthcare providers. He provides critically needed remote care access to underserved populations in the Healthcare Beyond Borders initiative. His mission is to create a highly effective business model that alleviates the economic and legislative burden of independent practitioners, empowers patients, and creates ease of access to medical services for everyone. He believes in Achieving performance excellence by leveraging medical expertise and modern-day technology.