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What is the US dollar backed by 2024?

Oliver Evans | 2023-05-07 14:27:53 | page views：1044
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Emily Torres

Studied at University of California, Los Angeles (UCLA), Lives in Los Angeles, CA
Since 1971, U.S. citizens have been able to utilize Federal Reserve Notes as the only form of money that for the first time had no currency with any gold or silver backing. This is where you get the saying that U.S. dollars are backed by the --full faith and credit-- of the U.S. Government.
2023-05-10 14:27:53
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Oliver Jackson

QuesHub.com delivers expert answers and knowledge to you.
Since 1971, U.S. citizens have been able to utilize Federal Reserve Notes as the only form of money that for the first time had no currency with any gold or silver backing. This is where you get the saying that U.S. dollars are backed by the --full faith and credit-- of the U.S. Government.
What Really Backs the U.S. Dollar? - Buy Gold and Silver Safely
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