Thread: IM Conversation
View Single Post
  #8  
Old 07-25-2007, 05:23 PM
Exsubmariner Exsubmariner is offline
Senior Member
  
Join Date: Oct 2004
Location: Doing It Deeper
Posts: 2,510
Default Re: IM Conversation
Actually, Reagan was going to propose that world currencies be backed by a "basket" of commodities. So, no, a currency doesn't have to be backed by just one thing.
Reply With Quote