Federico
Thu Sep 12 2024
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5 answers
1000
What currency has no value?
Excuse me, but could you elaborate on the concept of a currency having no value? Typically, currencies are designed to represent a store of value and a medium of exchange. When we speak of a currency having no value, are we referring to a situation where it is no longer accepted as a form of payment or is no longer backed by a tangible asset? Or is it a case where the currency's value has depreciated to such an extent that it is essentially worthless in the market? It would be interesting to explore the various scenarios that could lead to a currency being deemed as having no value.
