Why does paper money have value? 384 viewsJanuary 2, 2024 Question100.55K May 23, 2022 0 Comments Why does paper money have value? In: 0 7 Answers ActiveNewestOldest Anonymous Posted May 23, 2022 0 Comments America use to have the “gold standard” our paper dollars were back by precious metals like gold. President Nixon did away with that policy, so that politicans in Washington could spend money they dont have. You are viewing 1 out of 7 answers, click here to view all answers. Register or Login
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