At least the dollar is backed by something…

Hitler knew the Reich would last 1,000 years, too…

What could one add to this Federal Reserve PSA?

some investors aren’t confident with what gold is backed by, or if it’s backed by anything at all, as compared to something like the US dollar.  investors are comfortable that the US dollar is backed by the American government,  so that no matter what is happening to the American economy, something like the US dollar is backed by the Federal Reserve, that’s going to be around a year from now.  that’s a much more comfortable investment for them.

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