Greece
Greece
Out of context: Reply #40
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- 74LEO0
Ok so supposedly the American dollar is backed by the amount of precious metals it has. Who and what backs the Euro? Is it just a reflection of the current economic structure of all of Europe or each individual country?
Z Germans?
- forget that 'backed by amount of gold'...it's all FIAT money nowadays.http://en.w...uan
- http://en.wikipedia.…uan
- < backed by the eurozone's ability to tax its citizens, just like all money (gold or otherwise)
monNom