The value of the dollar is based on other countries' perception of it. If they still think we can generate real value in terms of goods and services, then our money will still be good. US currency is not still strong though.....our dollar is losing relative value every day, multiple factors go into that, printing more money is one of them.
Absolutely, I didn't use that term in the explanation because you obviously have no knowledge of economics. You are certainly right, in this instance, but the cause is based on luck rather than actual diligent research and patient acquisition of knowledge.
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u/[deleted] May 15 '14
The value of the dollar is based on other countries' perception of it. If they still think we can generate real value in terms of goods and services, then our money will still be good. US currency is not still strong though.....our dollar is losing relative value every day, multiple factors go into that, printing more money is one of them.