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re: After the American Revolution, how did they create a new currency?

Posted on 3/4/24 at 6:24 pm to
Posted by slackster
Houston
Member since Mar 2009
85152 posts
Posted on 3/4/24 at 6:24 pm to
quote:

What’s causing the run up?


Supply and demand.
quote:

And how do you know if it’s fairly valued ?


It’s impossible to know. It’s like asking what’s the fair value of a barrel of oil.
Posted by SlidellCajun
Slidell la
Member since May 2019
10531 posts
Posted on 3/5/24 at 5:24 am to
quote:

It’s impossible to know. It’s like asking what’s the fair value of a barrel of oil.


Nah

A barrel of oil has real value and usage. Its cost is known from production through ultimate delivery.

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