this post was submitted on 10 Aug 2023
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[–] Guster@lemmy.world 7 points 2 years ago (1 children)
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[–] AndreyAsimow@lemmy.world 6 points 2 years ago (2 children)

The US dollar with no backing value

[–] moobythegoldensock@geddit.social 5 points 2 years ago (1 children)

It’s backed by the government. Yes, if the government falls apart the dollar will be worthless, but if the government falls apart a lot more will happen than just the currency dying.

[–] RivenRise@lemmy.world 6 points 2 years ago (1 children)

That's my reasoning behind trusting banks with my money. If shit goes down to the point I can't get my money out of a bank then it won't have much value for long anyways and I have bigger issues.

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[–] Dirk@lemmy.ml 6 points 2 years ago (7 children)
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[–] cedeho@feddit.de 5 points 2 years ago

https://en.m.wikipedia.org/wiki/FlowTex

For Germany, though it was big but not "too long"

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