mrclownworld on Nostr: What is the dollar backed by? Loans To people For houses and cars and businesses and ...

What is the dollar backed by?

Loans

To people

For houses and cars and businesses and government spending

New dollars created and backed by these obligations to pay

You and I are the reserve asset that underpins the system

The dollar is backed by you and me promising to work and pay

Literal slave money

The Slavery Standard