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Recall that a dollar bill is a promise by the federal reserve to pay a dollar. There is no guarantee that that promise holds.
by anon291 4y ago
Recall that a dollar bill is a promise by the federal reserve to pay a dollar. There is no guarantee that that promise holds.
- photonbeam 4y agoThat feels circular, what is a dollar then
- piperswe 4y agoIf the promise doesn't hold, then the American financial system comes crashing down and you have bigger worries than that.