Quote:
Originally Posted by MarchHare
What backs up the dollar: the government saying that it has value. That's how fiat money works. You're not one of those people who rants about returning to the gold standard, are you?
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I don't think they can afford to go to the gold standard right now even if they wanted to. I suppose they might be forced to in the future if the world no longer believes the US dollar has value.
Again the question is: How much can the Fed print before the whole house falls down?