Message:

<p>[QUOTE=&quot;InfleXion, post: 1308080, member: 29012&quot;]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&#039;t wrap my head around two different things both being the US dollar. They are both debt that ultimately ends up on the tax payer&#039;s shoulders, but I&#039;ve read most if not all the posts here and when I try to conceive how a UST can be a USD it makes my head spin. When I look up the definition of &#039;dollar&#039; it has 2 criteria: currency and 100 units. What then is a cent in Treasury terms? It doesn&#039;t seem to fit, but I don&#039;t think that undermines the functionality of a Treasury behaving in a similar role as the dollar. It&#039;s just that for the sake of clarity things need to be labelled unambiguously. I mean you call rain rain, and snow snow, but they&#039;re both water. You can&#039;t accurately measure snowfall if you count drinking water as part of the equation.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in