Birdwatch Note Rating
2023-12-20 08:41:59 UTC - NOT_HELPFUL
Rated by Participant: 4BD7C75CEAB2BA1E89E07FE7BA3AE6ED0EFE4840B2ADC5CD6C10EA4E820D003E
Participant Details
Original Note:
"Backed by" means to be able to exchange those notes against something of undisputable value like gold. In October 1976, the US government officially changed the definition of the dollar; references to gold were removed from statutes. https://www.federalreserve.gov/faqs/currency_12770.htm https://en.wikipedia.org/wiki/Gold_standard
All Note Details