To: G Larry
Then you have no idea what a reserve currency is about.
44 posted on
06/06/2019 5:46:06 AM PDT by
Vermont Lt
(If we get Medicare for all, will we have to show IDs for service?)
To: Vermont Lt
So, you believe the U.S. Dollar is still backed by gold?
45 posted on
06/06/2019 6:03:07 AM PDT by
G Larry
(There is no great virtue in bargaining with the Devil)
To: Vermont Lt
USD is a reserve currency because of the widespread belief in the power of the US economy and the freedoom of its circulation. I probably didn’t put the latter correctly but can’t think out more proper wording so far.
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