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From your source: >When the Gold Standard was abandoned, our paper currency became backed by nothing but promises. Ever since then, the value of currency has t
by omegaworks 8y ago
From your source:
>When the Gold Standard was abandoned, our paper currency became backed by nothing but promises. Ever since then, the value of currency has tended to zero, and money to infinity.
It fails the sniff test with its naive understanding of what currency is.