27 May 2022 9:27 am
the source is the same as it always was: power. currency was historically issued by a king, it had the king's depiction on it, and the king ensured its value.peepee » 27 May 2022, 7:16 am » wrote: ↑ ...i can't get any of the loud phony retards here [fos, sjc, etc.] to answer the following question, 'what is the source of value inherent in what we call 'dollars'?' ...once a person gives their best answer to this i can see 'where they are at' fundametally...
usually it was jews who did the actual printing, and they often committed the crime of clipping...that is what inspired edward I to expell the jews. anyway it is a long story.
anyway in the modern USA the fed issues money...ostensibly with a concern for inflation, trade imbalances, and employment. It isnt backed by anything but power.