• Tag Archives value

  • What Is Fiat Currency and Does It Have Value

    Posted on by Sierra Knapp

    We put our value in many everyday items even though there is no real tangible value to it. Money on the other hand is tangible value that is worldwide. However, when it comes to fiat currency, is it truly valuable? Or is it simply valuable because we just believe that?

    First off, what is fiat currency? “Fiat money is currency that a government has declared to be legal tender, but it is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material from which the money is made” (Radcliffe). It was first introduced as a substitute to a commodity-backed currency, but this currency is not backed up to any physical reserves, so it is worthless when hyperinflation comes into play. Just like if people in America stop using the U.S. dollar, it won’t have any value. Continue reading → Post ID 710

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  • The Decreasing Value of a College Degree

    Posted on by Sierra Knapp

    A college degree can be worth so much to someone in certain career fields, but for others, it can lead nowhere. It all depends on the profession that you are trying to go into. However, overtime, a college degree is decreasing in its value among many careers.

    Learning and understanding different perspectives is challenging and one can go to school for that, but why? Where does that get you? You need other reasons to go to a top-notch school. Many students feel they need to go to college because that’s what society is expected someone out of high school to do. So they end up going without a real clue of what they want to do. This is a growing epidemic in the U.S. Continue reading → Post ID 710

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