3 ms·
That'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 i
by mahranch 13y ago
That'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.