All thought provoking questions, and I don't have the answers. For the sake of argument, if we were to assume I am always paid by my employer in...
I don't really see any fundamental difference between FRNs and the digital dollars in my bank account. They are identical in every way except that...
This is why I steered clear of this set. It costs an arm and a leg to get 2 exclusive coins and 3 coins you can get somewhere else for much...
I agree, but for the sake of clarity I am distinguishing paper FRN's from digital currency even though they are both notes of the Fed.
Thank you for making the effort to explain this Chris. I think I finally get it. Hope it wasn't too much of a bother ;] So Treasuries are just...
OK this is starting to make more sense. I completely agree that these are used as dollar storage, but so are stocks, so are precious metals. I...
The difference is that an electronic dollar being swapped for a FRN is a 1:1 ratio, and they are both accepted as payment by the vast majority of...
I get that FRN's are not digital dollars (though they are a representation thereof). What I don't get is why Treasures are digital dollars under...
If this is the case, shouldn't I be able to do commerce in Treasuries? Or are you saying that Treasuries are part of the dollar system that FRN's...
Which form of USD is the one being measured by the US dollar basket? Not trying to be difficult with this concept, but I can't wrap my head around...
Its assets are other nations' gold, but that doesn't back the USD no. Money only goes so far before it's useless. For sake of profit, what...
This does make sense from the standpoint of different nations have their own dollar, but in the USA the dollar is the FRN (plus whatever digital...
I'm not so sure that currency started as debt. I mean, at least initially when it was gold and silver coins you didn't have to worry about the...
I think the lack of concise definitions is what is causing the confusion here. Treasuries far exceed dollars as far as total debt goes, but they...
My question revolves around how to label the electronic currency. It functions the same as an FRN aside from the physical aspect, yet it is not an...
Please disregard the barrage of questions in my previous post. The following link on Wikipedia sheds enough light on the situation for my...
Let me see if I have this straight. Treasuries are US denominated debt and contribute to the overall amount of dollars in circulation, just as...
I mostly agree with you on this, exceptions being that silver has anti-bacterial properties in case you can't homogenize milk properly, or don't...
Time is about the only thing that can't be accurately gauged. Just about anything can end up being true on a long enough timeline. My method for...
Very true. I was not suggesting that somebody would do this, merely that it could be done, in order to accentuate how easy it is for silver to be...
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