In the United States today, the government will exchange gold or silver for paper money.

Name: In the United States today, the government will exchange gold or silver for paper money.
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Question

Quizplus · Accepted Answer

The United States government no longer exchanges gold or silver for paper money. The US dollar is now a fiat currency, meaning it has no intrinsic value and is not backed by a commodity like gold or silver.

In the United States Today, the Government Will Exchange Gold