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HippoCampus U.S. History & Government
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United States paper money is backed by the gold standard government stores of valuables guarantees of foreign investors public and government acceptance
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@JoannaBlackwelder
This is the best I can find. http://www.federalreserve.gov/faqs/currency_12770.htm
Sorry, this isn't my best subject...
The gold standard for sure
This is why people are investing in gold. Because the value of the dollar is decreasing, the value of gold is not. So say 1 dollar is now worth 75 cents. X amount of gold would still be worth the original dollar value. So, you can prevent the value of your hard earned money from decreasing.
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