here is a tid bit of information for you...when the American money - TopicsExpress

here is a tid bit of information for you...when the American money was backed by the gold standard, yes, it had significant value...but since the currency is now more abundant, they took the gold standard of backing it, because it was dropping the value of the gold...thus the American Currency is not backed by any gold or precious metals standards...making the money equal to a piece of toilet paper...it has no value at all, except in the minds of the people, who believe that it is worth something...the paper the money is printed on, is worth more than that of the money itself

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