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For your goods, services... The U.S. of A. is a debt hub. Banks are also debt hubs but on a smaller scale and dependent on their sovereign.
by omazurov 6y ago
For your goods, services...
The U.S. of A. is a debt hub. Banks are also debt hubs but on a smaller scale and dependent on their sovereign.
- baobabKoodaa 6y agoThis sounds more like am argument for USD's utility/value. That doesn't make it an IOU.