Re:Germany for First Time Sells 30-Year Bonds Offering Negat...
by y4mi on Wednesday August 21, 2019 @03:53PM
(#20761003)
Money was debt. It's how it got invented after all.
It's not so clear cut anymore. Most currencies aren't backed by anything anymore nor are they tied to any yearly returns. They've become arbitrary numbers manipulated by central banks to control the economy.
It's not so clear cut anymore. Most currencies aren't backed by anything anymore nor are they tied to any yearly returns. They've become arbitrary numbers manipulated by central banks to control the economy.