Thread: China's Central Banker: We Own Too Much U.S. Debt
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Old 04-26-2011, 06:58 AM  
BlackCrayon
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Join Date: Jun 2003
Location: Ottawa
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Quote:
Originally Posted by - LOL - View Post
USD is not backed by gold.

Basically, it is as valuable as paper.
as is basically every other currency on earth...
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