Mikeoxenormous
Diamond Member
BWaaaahhaaaaa...It is the central bank that issues dollars not the fucking government you douche bag. When the central bank issues to many dollars that causes inflation. Where did you go to fucking school? You need to get a refund...The only government that you fund with your tax dollars is local and state governments, not the federal government. You pay income taxes to the federal government to maintain the value of the dollar and take money out o the economy. It controls inflation. The federal government, unlike your local and state government, is the issuer of the dollar, hence it doesn't need to receive dollars from anyone to fund itself. You need to study economics because you're quite misinformed.
A dollar peg is when a country maintains its currency's value at a fixed exchange rate to the U.S. dollar. The country's central bank controls the value of its currency so that it rises and falls along with the dollar. The dollar's value fluctuates because it’s on a floating exchange rate.
Dollar Peg: Definition, How It Works, Why It's Done - The Balance
www.thebalance.com/what-is-a-peg-to-the-dollar-3305925