# Paper currency alone; pure fiat standard

- Canonical URL: https://www.gerhardmerk.de/paper-currency-alone-pure-fiat-standard
- Post ID: 591031
- Modified: 2023-07-25T21:13:38+00:00
- Language: en

## Definition

In a currency area, only banknotes are in circulation as means of payment, not coins. Currently, about three quarters of the world's countries have such a currency. Italy and Greece had a pure paper currency before the introduction of the EUR. - See the one-euro note movement. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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