- Aug 8, 2016
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- #41
OK....USD is valued via supply and demand in terms of how it compares to other currencies. It correlates with the demand for our treasury notes. It is not an overly difficult concept to understand. Yet, you don't grasp it. Odd.
Well, what is it? Tell us. I'm not asking you for a concept. I'm asking you what it is.
What's the unit of acount for the dollar right now? What's a dollar worth?