It doesn’t really make sense for countries or unions (e.g. EU) to decide to base their trade of the USD and keep a lot of their foreign reserves as the USD if it isn’t backed by gold. Wouldn’t this just mean that a lot political power is given to the US because they have the ability to arbitrarily set the value of trading currency if it isn’t based of a real-world resource like gold ?
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forget what the “experts” tell you the dollar is backed by the army is the only thing that matters, the clearest example is the war in russia and ukraine, which raised the value of the ruble
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