5 ms·
It's a method of figuring out how a yenn, yuan, ruble, rupee, stack up against the dollar. As US dollars become cheaper, people in other countries end up buying
by rhacker 9y ago
It's a method of figuring out how a yenn, yuan, ruble, rupee, stack up against the dollar. As US dollars become cheaper, people in other countries end up buying large swathes of land in the US (and vice versa). That or bonds. It IS a real thing.
- gowld 9y agoYes, it is real. But a debt dollar is not a fixed object like if for example I borrowed your screwdriver and have to return it. It's easy to reduce the value of (fiat) debt by devaluing dollars (inflating the money supply).