• weirdwallace75@lemmy.world
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    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
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      1 year ago

      I understand that’s a bond

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

      • weirdwallace75@lemmy.world
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        1 year ago

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

        If that’s true, nobody on Social Security Disability would be getting money.