The Real Reason the U.S. Dollar Has Value

I was at a conference when I took out a dollar bill and waved it in front of the audience. I asked, “Why does this piece of paper have value?” It’s interesting the range of answers I got. One person said “gold,” which has nothing to do with it. There was a time when you […] View the full post at: The Real Reason the U.S. Dollar Has Value Related posts: Will Japan Take a Samurai to the Dollar? Dollar Gets to YE$, Fed Gets in a Box The Dollar is Getting Some Chinese Competition
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