Eli5: Why is the U.S. Dollar so powerful?
In: 208
Money is what you believe it to be. If too many believe its worthless, it will be.If many people believe in it, it will be valuable. A way to convert energy.
Diamonds, for example, are valuable because many believe them to be scarce.But in reality they are plentiful. Its called [artificial scarcity](https://thecuriouseconomist.com/are-diamonds-really-that-scarce/).
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