2 ms·
>Cash is a note saying you own a store of value It used to be a note redeemable for a certain amount of gold. Hasn't been true since 1971, I believe. https:/
by perl4ever 5y ago
>Cash is a note saying you own a store of value
It used to be a note redeemable for a certain amount of gold.
Hasn't been true since 1971, I believe.
https://en.wikipedia.org/wiki/Nixon_shock https://en.wikipedia.org/wiki/Nixon_shock