[Cinnamon]

and how much of it is just paper? how much is backed by hard currency such as gold?

[AmericaUnited]

and how much of it is just paper? how much is backed by hard currency such as gold?

We give them 1 trillion dollars worth of paper in exchange for real goods. Now that is funny.

[Jedi Master Pikachu]

Moving from the gold standard is risky, but the amount of gold in the world is limited. Still, the value of currency should be tied to something physical.

[varon]

and how much of it is just paper? how much is backed by hard currency such as gold?

You mean, like our dollar? ;-)

[Wolfie]

and how much of it is just paper? how much is backed by hard currency such as gold?

Probably about the same as ours.