Board Thread:Micronations/@comment-5942598-20131214120720/@comment-10690695-20131216170218

it used to be that gold covered the strength of currency involved, but not any more. Now the strength of a currency depends souly on the confidence that the trademarket has in the currency.

So, if tomorrow, all stocktraders, show no convidence in the USD, then tomorrow the USD will be worth nothing.