Talk:Convertibility

Numismatics Mid‑importance

	Numismatics portal This article is within the scope of WikiProject Numismatics, a collaborative effort to improve the coverage of numismatics and currencies on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.NumismaticsWikipedia:WikiProject NumismaticsTemplate:WikiProject Numismaticsnumismatic articles
Mid	This article has been rated as Mid-importance on the project's importance scale.

Finance & Investment Low‑importance

	This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles
Low	This article has been rated as Low-importance on the project's importance scale.

Business Low‑importance

	Business portal This article is within the scope of WikiProject Business, a collaborative effort to improve the coverage of business articles on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.BusinessWikipedia:WikiProject BusinessTemplate:WikiProject BusinessWikiProject Business articles
Low	This article has been rated as Low-importance on the project's importance scale.

Commodity money

This section does not cite references or sources because it is ahistorical and incorrect. It should be removed. — Preceding unsigned comment added by RaulGroom (talk • contribs) 18:40, 25 January 2011 (UTC)[reply]

Flaw in defintion

Under the contemporary international currency regimes, all currencies' inherent value derives from fiat, thus there is no longer any thing (gold or other tangible store of value) for which paper notes can be redeemed.

That statement is flawed - a very "suiting the Americans" definition. Convertibility is backed by the forex assets of the central bank, and everyone is aware as to who broke the Bretton-Woods system — Preceding unsigned comment added by 106.51.233.201 (talk) 06:58, 30 June 2016 (UTC)[reply]