Every country I know about has a fiat currency, but the monetary sovereignty bit is also important. Governments within the EU don’t have monetary sovereignty, and therefore are limited by taxation. The EU as a whole could do the same thing, because they are the body that controls the Euro.
If you talk about currencies that are backed in gold, then none. The last country to abolish the Gold standard was Switzerland at some point in the 1990s.
What countries AREN’T on fiat currency.
Every country I know about has a fiat currency, but the monetary sovereignty bit is also important. Governments within the EU don’t have monetary sovereignty, and therefore are limited by taxation. The EU as a whole could do the same thing, because they are the body that controls the Euro.
If you talk about currencies that are backed in gold, then none. The last country to abolish the Gold standard was Switzerland at some point in the 1990s.