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RE: The Story of The Dollar I Found... And How It Changed My Outlook On Money

in #money • 8 years ago

Hey Steev,
There use to be a time when yes, these dollars use to be redeemable in silver at any bank in the United States. However Nixon removed the peg of the dollar to gold so that way they could print as many bills as they want without having to back it by anything.

8 years ago in #money by
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