Currency money or book money, which are fiat money. Currency money Currency money is money in full circulation that takes its value from the precious metal it contains, that is, its market value is (almost) the value of the metal it contains (apart from the Seigniorage or the minters' profit), though this is always overcompensated for in coins and banknotes from a country undergoing debasement. Currency money is usually made of silver or gold, but in very rare cases plated metal and even copper may be used. Currency money is commodity money, as opposed to coins whose metal value is less than
What Is a Nation? Anderson also points out that the reason many French citizens of Renan's time knew anything of these massacres was because they learned of them in state-run schools. Thus, the state itself preserved the knowledge which needed to be forgotten for national identity. In a 1995 book, "For Love of Country: an essay on patriotism and nationalism", Maurizio Viroli called Renan's essay "the most influential late nineteenth-century interpretation of the meaning of nation", because of its focus on the "spiritual principle" as opposed to race, religion or geography. Other authors, like Joxe Azurmendi, consider that really there is no such opposition