2 ms·
The intrinsic value of USD is the fact the the government demands them from the populace and is the only source of them.
by venomsnake 13y ago
The intrinsic value of USD is the fact the the government demands them from the populace and is the only source of them.
- mahranch 13y agoThat's only a sliver of its intrinsic value. It also has value because the rest of the world (rather, their governments) recognize it, accept it, and buy/sell it. The U.S. government is one of the pillars lending strength to the dollars credibility, but you have to keep in mind that it's not the only pillar.