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lainy (lain@lain.com)'s status on Thursday, 06-Mar-2025 02:08:59 JST lainy
@feld @SlicerDicer @Leyonhjelm @sun not always, liberty bonds issued to be redeemed in gold, but the US didn't have enough gold to pay, so they changed it after the fact to be only payable in dollars for domestically held debt, then devalued the dollar in gold by 40%.