It’s a funny situation. The dollar isn’t backed or convertible into gold. Everyone knows it’s just based on the “full faith and credit (err debt)” of the US yet it still seems to matter. Kind of a signal ppl know it’s a Ponzi.
It’s a funny situation. The dollar isn’t backed or convertible into gold. Everyone knows it’s just based on the “full faith and credit (err debt)” of the US yet it still seems to matter. Kind of a signal ppl know it’s a Ponzi.
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