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OpenStudy (anonymous):
Is United States currency officially "backed" today? Yes, legal currency is backed by the gold standard. Yes, legal currency is backed by government acceptance. Yes, legal currency is backed by the support of foreign investors. No, there is no backing for U.S. currency.
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OpenStudy (paki):
what u guess here about the answer...?
OpenStudy (anonymous):
A
OpenStudy (paki):
There is nothing that backs up USD today. It is only guaranteed by the US government: this relies on faith in the ability of the federal government to pay back any debts.
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