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It does, if you consider that bills are always fiat money, and coins could be precious metals. (But nowadays never are ... Because of Gresham's law)
by knughit 11y ago
It does, if you consider that bills are always fiat money, and coins could be precious metals. (But nowadays never are ... Because of Gresham's law)
- euyyn 11y agoAnd specifically not in the case of China. So the answer of OP's "What conclusions do you think I was warranted in drawing?" is exactly the expected one: "That you haven't understood well what they're saying."