6 ms·

Literally nothing.

• zodiac 9y ago
  Then what does the feds 2% interest rate target? Nothing?
  • splintercell 9y ago
    The fear of Inflation. But USD is not pegged to anything.
    • zodiac 9y ago
      Inflation measures USD purchasing power- how do you think that's measured?
      • splintercell 9y ago
        So your claim is "USD is backed by X", it's just that I can't see the X, so tell me, what is USD backed by, without mounting an assault on the term "backed by". Backing means, some concrete promise or claim. USD has no concrete claim or promise behind it.