Daily review 30/09/2020

10 comments on “Daily review 30/09/2020”

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    1. 1.1

      Michelle Obama has been quoted on RNZ in regards the US debate, but it applies in Aotearoa – "When they go low, we go high".

  1. 3

    When it comes right down to it, a country never has to borrow. Even when buying from offshore it can still pay in its own currency at the agreed exchange rate.

    If paying in their own currency then what they're saying is that the person/country/entity can purchase whatever they like from their economy.

    A sovereign currency isn't backed by gold or silver or oil but by that country's economy. The simple fact that the currency issued can buy something from the issuing economy.

    Which is more than can be said of BitCoin as there's no economy backing BitCoin.

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