17 Jiangxi Bank of China went bankrupt (twitter.com) posted 61 days ago by DrLeaks2 61 days ago by DrLeaks2 +18 / -1 11 comments share 11 comments share save hide report block hide replies
Right, and that's the point: western currency is issued by people, like you and me, and is backed by nothing. Your first assertion is very true – as well as the fact that there is a mass agreement to use and trade fiat currencies.