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The USD is backed by US Military, The Secret Service, ~165 million highly educated wage earners, a long tradition of capitalism, and millions of accountants mak
by redavni 3y ago
The USD is backed by US Military, The Secret Service, ~165 million highly educated wage earners, a long tradition of capitalism, and millions of accountants making things more complicated than they need to be. Long term trends towards socialism and marxism are serious threats to dollar valuation though.
- sneak 3y agoWe have very different definitions of “backed”, then, and are probably talking at cross purposes.