Birdwatch Note Rating
2023-12-20 08:59:02 UTC - NOT_HELPFUL
Rated by Participant: 665C141AB00B9E3984D4B0CE401C76FA91C0CB6443A215C5C8F3D0ABD51CBE8B
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