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please correct me, but I thought $ receives it's backing through the oil market. If one purchases oil, one needs to pay in $.
by killerpopiller 13y ago
please correct me, but I thought $ receives it's backing through the oil market.
If one purchases oil, one needs to pay in $.
- Wingman4l7 13y agoIf one purchases almost anything one needs to pay in $. I was speaking in terms of fiat money which is not backed by precious metals anymore.