2007-02-07 07:55:55 · 4 answers · asked by Fausto P 1 in Politics & Government ➔ Government
The banks reports the money circulating in their vicinities of operations to the national government for purposes of economic stability.
2007-02-07 21:03:18 · answer #1 · answered by FRAGINAL, JTM 7 · 0⤊ 0⤋
It is determined by the gold standard. How much gold is worth at any given time in regards to the gold boullion preserved in Fort Knox
2007-02-07 07:59:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It doesn't. Money is printed and loan out to the government by the federal reserve...which is not federal..it's privately owned by bankers. A one dollar bill is worth 4 cents.
PS....our money is no longer backed by gold. The FR took it.
2007-02-07 08:00:23 · answer #3 · answered by TexasRose 6 · 0⤊ 0⤋
the politicians are only determined to make more money on their private companies, they dont care what's circulating, unless its circulating unlawfully, then they can make money on the fines too
2007-02-07 08:04:01 · answer #4 · answered by D'Mundo 2 · 0⤊ 0⤋