Fiat money is not legal tender, but is a popular form of currency for everyday transactions, as there are no physical limitations to its production. It is also the only form of currency that can be used to pay taxes.
Fiat money has been criticized by some economists, who argue that it is inflationary and can lead to financial crises due to overprinting. However, fiat currency is still widely used around the world, and is the dominant form of currency in most countries.
September 1948 was not the best month for the Greek Army (HS). After great sacrifices, Grammos was captured, but in Vichy there was a failure that almost ended in tragedy when a counterattack by the Democratic Army of Greece (DSE - the army of the KKE) broke the front, due to the incompetence of the
The Tour de France is the oldest and most famous cycling race in the world. It takes place every year in July for three weeks and traditionally ends on the Avenue des Champs-Élysées in Paris. The history of the Tour de France cyclist is a small part of the history of France in the 20th century. This
After the restoration of the Bourbons in the crown of Spain, in the person of Alfonso XII, Práxedes Mateo Sagasta He founded the Liberal Party in 1880, a party that together with the Conservative Party of Cánovas del Castillo It would constitute the two-party system with alternation in government
Mother, sister, wives, mistresses, many are the women who surrounded by the same adoration Francis I , a magnificent king in his court like a sultan in his Harem, devoting their whole life to him. He accepted their gift as his due, like a child spoiled by fortune. Louise de Savoie, Marguerite de Na