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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Fiat money has worked before and it can work again. I think the key is who controls the money supply and that is the Fed right now.
Alan Greenspan has openly said that the Fed operates independently and answers to know one. The international ponzi scheme needs to come to an end.