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 it Like to Be a Bat? of experience, and the subjective character of experience cannot be explained by a reductionist being; it is a mental phenomenon that cannot be reduced to materialism. Thus for consciousness to be explained from a reductionist stance, the idea of the subjective character of experience would have to be discarded, which is absurd. Neither can a physicalist view, because in such a world each phenomenal experience had by a conscious being would have to have a physical property attributed to it, which is impossible to prove due to the subjectivity of conscious experience. Nagel argues that each and every subjective experience