• weirdwallace75@lemmy.worldEnglish
    91·
    1 year ago

    Real money is backed by a country’s respective economy

    True.

    its an IOU from the government

    False.

    An IOU from the government is a bond.

    • ILikeBoobies@lemmy.ca
      2·
      1 year ago

      I understand that’s a bond

      The dollar is representative of the work you contributed to the economy