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> The dollar is worthless without the American government and American economy backing it. Now I'm not an economist, but wasn't the dollar originally Spanish?
by dafoex 6y ago
> The dollar is worthless without the American government and American economy backing it.
Now I'm not an economist, but wasn't the dollar originally Spanish? Perhaps the current US dollar would diminish to nill value, but there's no reason why any future evolution or alternative dollar wouldn't be able to survive without the government or bank that minted it.
- anonunivgrad 6y agoThe Spanish dollar is a silver coin that became the original basis for the US dollar. The US dollar is no longer based on any precious metal and has no connection to other currency (except insofar as other countries peg their currencies to the dollar).