Real money is backed by a country’s respective economy
True.
its an IOU from the government
False.
An IOU from the government is a bond.
Real money is backed by a country’s respective economy
True.
its an IOU from the government
False.
An IOU from the government is a bond.
If someone says something that a lot of people want to be true with no evidence… it ain’t true.
Yes. That’s how value works.
https://en.wikipedia.org/wiki/Paradox_of_value