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Old 06-26-2007, 09:39 AM  
D
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Join Date: Jan 2006
Location: The Valley
Posts: 7,412
Quote:
Originally Posted by NTM View Post
how can a country not have a gold reserve to back up the currency? this is fucked.

No country currently has the gold standard.

So wherever you live, it's the same way. It's not just the U.S.. It's all fiat currency now.

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