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Back to the original thread "What is a Dollar?"
A Dollar, as of 5/14/2010 was 1/1237 of one Troy ounce of Gold.
NOTE: as of today, 11/29/2023, the dollar is 1/2044 of one Troy ounce of Gold.
The United Arab Emirates (UAE) has shifted from using the US dollar to local currencies in its oil trades.
There is some good news about a weak dollar: It will help us manufacture for export again.
There is some good news about a weak dollar: It will help us manufacture for export again.
Show me where a sound dollar and capitalism causes anywhere near the pain, suffering, tragedy, misery and number of deaths that a fiat currency and a powerful socialistic central government has caused.
from pendō (“to weigh”).
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http://mises.org/daily/4149
Are you aware that a Federal Reserve note "dollar bill" is not a constitutional dollar? Perhaps you are, but if so, do you know what a constitutional dollar literally is? Is it gold? Is it silver?