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[-] PersnickityPenguin@lemm.ee 11 points 8 months ago

What countries AREN'T on fiat currency.

[-] rockSlayer@lemmy.world 10 points 8 months ago

Every country I know about has a fiat currency, but the monetary sovereignty bit is also important. Governments within the EU don't have monetary sovereignty, and therefore are limited by taxation. The EU as a whole could do the same thing, because they are the body that controls the Euro.

[-] Karyoplasma@discuss.tchncs.de 2 points 7 months ago

If you talk about currencies that are backed in gold, then none. The last country to abolish the Gold standard was Switzerland at some point in the 1990s.

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