Questions tagged [u.s. dollar]

BlockchainVisionary Thu Oct 17 2024 | 5 answers 944

I'm wondering why the U.S. dollar isn't backed by gold anymore. Historically, the dollar was tied to gold, but now it seems like that's no longer the case. What changed and why did the U.S. government decide to move away from the gold standard?

Dario Mon Oct 14 2024 | 5 answers 1293

I'm wondering what kind of currency or asset stands as the backing for the U.S. dollar. Is it gold, silver, or some other form of reserve? I want to understand the foundation behind the U.S. dollar's value.

Tommaso Mon Oct 07 2024 | 7 answers 1684

Are there any specific concerns or indicators that suggest the U.S. dollar could be facing trouble in 2024? Are there any economic, political, or global factors that could potentially impact the value and stability of the dollar? Are there any alternative currencies or digital assets that are gaining popularity and could potentially pose a threat to the dollar's dominance as the world's reserve currency? How can investors and policymakers prepare for potential challenges to the dollar's status in the coming years?

SolitudeSerenade Sun Oct 06 2024 | 7 answers 998

Are you concerned about the safety of the U.S. dollar? With the rise of cryptocurrencies and other alternative currencies, many people are questioning the stability and security of traditional fiat currencies like the dollar. But what exactly makes the U.S. dollar safe, or is it even SAFE at all? Let's delve into the factors that contribute to the dollar's perceived safety and examine whether or not there are any potential risks to consider.

Maria Fri Oct 04 2024 | 6 answers 1291

I'm curious, which country would you say the U.S. dollar has the most purchasing power in? Is there a particular nation where the greenback stretches further than others, taking into account factors like exchange rates, cost of living, and the availability of goods and services? It's a question that many travelers and investors alike ponder, as the answer could significantly impact their financial decisions and overall experience in different parts of the world.