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If a commodity is not deflationary or inflationary but serves as a intrinsic value to the world,...

Question:

If a commodity is not deflationary or inflationary but serves as a intrinsic value to the world, What form of investment would it be called?.

Investment:

Investment is the action of putting money into the business to start a project or work, aimed to achieve future returns which entail a degree of risk. The investments can be derivatives, real estate, artwork etc which intended to produce income to the investor.

Answer and Explanation:

Fiat money, fiat money is the currency that is acknowledged by a government as a legal tender. It is a commodity is not deflationary or inflationary but serves as intrinsic value to the world. The Value of the fiat money is acquired from the demand and supply of the issuing government. Most of the major global currencies are examples of fiat money.


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