I mean, it’s not like it hasn’t been empty for a century now. Our money is backed 100% by our own agreement that it has value, and nothing else.
There is no mountain of gold someplace that the treasury’s borrowing against.
I mean, it’s not like it hasn’t been empty for a century now. Our money is backed 100% by our own agreement that it has value, and nothing else.
There is no mountain of gold someplace that the treasury’s borrowing against.