Categories : Gold | Bank | Promise

Famous P. J. O'Rourke quotes - A U S dollar is ...

By: eCelebrityFacts  |   | 
A U.S. dollar is an IOU from the Federal Reserve Bank. It's a promissory note that doesn't actually promise anything. It's not backed by gold or silver.

Context:

A U.S. dollar is an IOU from the Federal Reserve Bank. It's a promissory note that doesn't actually promise anything. It's not backed by gold or silver.

Quotes from other celebrities

What's your Reaction ?

Happy Bored Sad Angry WTH!?


Comments

+ Show more comments