Hi, everybody,

>> The assests the central banks hold are called I.O.U.'s.  I don't
>> know  about Australia, but in the United States the dollar is
>> backed by debt.

Since the end of Civil war, when 'greenbacks' were introduced, which at
that moment apparently were treasury bonds, signed by treasury
secretary.

Yours, Sincerely              Alexander V. Fedotov
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