3 ms·
> Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything This is how a fiat currency is supposed t
by eingaeKaiy8ujie 5y ago
> Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything
This is how a fiat currency is supposed to work. Earn it, then buy some gold, silver, real estate, crypto, or whatever. And inflation is not necessary a bad thing.