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"Today, like the currency of most nations, the dollar is fiat money, unbacked by any physical asset?i.e., a holder of a federal reserve note has no right to demand an asset such as gold or silver from the government in exchange for a note. Instead, the currency is backed by future claims to wealth of American taxpayers and other income sources of the Treasury. [1] Consequently, proponents of the intrinsic theory of value believe that the dollar has little intrinsic value (i.e., none except for the value of the paper) and is only valuable as a medium of exchange.

[url=http://www.answers.com/topic/history-of-the-united-states-dollar]Source[/url]

So essentially from what I am reading the dollar is worth nothing... interesting.

But according to this [url=http://www.theglobalist.com/DBWeb/StoryId.aspx?StoryId=3193]web site[/url] they tell a different story. Now, I am looking elsewhere for more solid info from a more reputable source. But only a blind fool wouldn't see it.

Here is [url=http://www.ex.ac.uk/~RDavies/arian/northamerica.html]another interesting [/url]read.

And [url=http://en.wikipedia.org/wiki/Fiat_currency]last but not least[/url] what is our current system really? Fiat... devil
Posted by: Linux User 147560   Posted on: 02/21/07 You are currently: a Guest | Members login | Terms of Use
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Well...  Patrick Jones | 02/21/07
Well, either way the outcome  Boot_Agnostic | 02/21/07
absolutely ...  zoroaster | 02/21/07
The results should be interesting, to say the least.  Letophoro | 02/21/07
Or  Henry Miller | 02/21/07
Confused...  No_Ax_to_Grind | 02/21/07
That's not the case.  Letophoro | 02/21/07
According to the article...  A.Sinic | 02/21/07
I'm not arguing with any of your points.  Letophoro | 02/21/07
I see...i see  xuniL_z | 02/21/07
not so...  zoroaster | 02/21/07
And once again....  SpikeyMike | 02/21/07
In good company  BruceWheelock@... | 02/21/07
Umm...  rapson | 02/21/07
MS shouldn?t talk  Par-Pro | 02/21/07
no culture  BregS | 02/23/07
crooked American patent laws  dirtfarmer | 02/21/07
You are so right  Too Old For IT | 02/21/07
And while we're at it...  macbill | 02/21/07
What a wonderful idea!  Linux User 147560 | 02/21/07
oil slick  shraven | 02/21/07
You're right...  Linux User 147560 | 02/21/07
Correct oh my yes  Boot_Agnostic | 02/22/07
Once again  xuniL_z | 02/21/07
Hold on there cowboy.....  seosamh_z | 02/21/07
say again?  shraven | 02/21/07
I agree, The Brits are thieves  John Zern | 02/21/07
Nice try dirtyfarmer  John Zern | 02/21/07
Not what he said.  shraven | 02/21/07
What a closed mind  Par-Pro | 02/21/07
France?  cmjrees | 02/22/07
Patent law in re: software...  Raymond Danner | 02/21/07
THE SUPREME COURT WILL HAVE A PATENT SEARCH HAY DAY  BALTHOR | 02/21/07
What *is* the product?  handydan918 | 02/21/07
Man! A can of worms...  I am Gorby | 02/21/07
InCREDibly Good Point!  TechinMN | 02/23/07
Patens and DRM  wizardb@... | 02/21/07
huh?  zoroaster | 02/21/07
AT&T's patent..  whoop_123 | 02/21/07
Thanks for the blueprint!  spinella@... | 02/21/07
Software ownership  Stovies | 02/21/07
MS shouldn?t talk  Par-Pro | 02/21/07
No culture (as many trolls)  BregS | 02/23/07
You need to know what you talk about  Par-Pro | 02/23/07
your a little upside down....  whoop_123 | 02/22/07
I see Three different issues here  DonD01 | 02/22/07

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