5 ms·
If you're joking you got me. I can't think of another commodity whose value is affected by the government to the degree of fiat currency. Even if you leave th
by jeffem 15y ago
If you're joking you got me. I can't think of another commodity whose value is affected by the government to the degree of fiat currency. Even if you leave the impact of government borrowing/spending aside, a dollar (or any other fiat currency) is just a piece of paper until the government institutes legal tender laws and demands people make and accept payments denominated in that currency.