US word really is its ‘bond’

Dear C.H : O … K. I’ll … go … slow. I can’t carry that gag any further, newsprint is too expensive. Look, our bills aren’t backed by anything but the promise of Washington. They haven’t been backed by gold since the early 1970s, yet people here and abroad still think the US Treasury is worthy of their trust. The dollar is still the currency of record for most …

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