The hard basis of USD is printed on the bills. “Good for all depts public and private”. This means that any bills owed to USG is payable in dollars as well as a

The hard basis of USD is printed on the bills. “Good for all depts public and private”. This means that any bills owed to USG is payable in dollars as well as any payment of debt ordered by a court. I agree that the worldwide value is largely theoretical but the non theoretical value is large in a several trillion dollar economy. If the dollar goes down, it is guaranteed to be useful to buy us companies and land. That has a strong lower bound.