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#1
03-08-2012, 12:33 PM
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What is backing U.S. Currency?
A lot of people say the gold in Fort Knox, but I'm pretty sure that's not right. My professor said the U.S. simply says how much their money is worth, and pretty much people have to respect that. He said it works, because the U.S. remains credible, so they don't just say it's worth a ton. But then couldn't the U.S. just change its mind and say "yeah we decided not to have debt anymore" and then what would happen. Cause I'm wondering what's gonna happen if countries really try to call for their debt the U.S. owes them, and the U.S. just says no?
I guess I don't really understand ownership, cause to me you never own something, you just get it for as long as you can prevent others from taking it away. But, if someone could explain it, that'd be cool 
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"Pardon me, I wanna live in a fantasy" "I wish I was a sacrifice but somehow still lived on" It seems like everybody is moving forward. As if there is some final goal they can achieve and get to. I don't get it though. When I look around, it seems like I'm already there, and there is nothing left to do. "You think you're so clever and classless and free, but you're still ****ing peasants as far as I can see." I wish I could take just one hour of what I experience out in nature, wrap it in a box, put a bow on it, and start handing out to people Nature has its own religion; gospel from the land I know I was born and I know that I'll die; The in between is mine." 
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