Thread: China's Central Banker: We Own Too Much U.S. Debt
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Old 04-26-2011, 04:18 AM  
Vendot
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Quote:
Originally Posted by - LOL - View Post
USD is not backed by gold.

Basically, it is as valuable as paper.
Id go one step forward and say the USD is as valuable as toilet tissue and probably will be about as useful.
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