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by TheSoftwareGuy
2646 days ago
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>I would not trust JPMC but fiat money (dollars, euros, etc) only has value because of trust in governments. That's not really true. the value of a currency comes from what you can do with it. E.g. I think $20k is a lot of money because I know it is enough to buy a car. That has nothing to do with the government, only the market. |
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