How much buying power do you have for every dollar earned?

[cstone]

Basically, it's an agreed convention, based upon faith in the US government. Currency is in effect coupons representing that belief. Value by fiat.

Agreed!

My offer stands. I have a pickup truck and anyone who would like to unburden themselves of their fictitious, proxy paper before it becomes too negatively valued can PM me. I will be happy to relieve you of your stress laden cash hoard.

Operators are standing by.

[Irving]

It does not sound like a money replacement

https://en.wikipedia.org/wiki/Social_Credit_System

I was worried I'd used the wrong phrase. I'm aware of China's social credit system, and might have used the name incorrectly. Andrew Yang has been on Rogan a few times and he keeps talking about something along the lines of, "you help your neighbor build a shelf, then you earn some "social credit" that you can use to pay someone else to do something for you!" I think I've heard others talk about it. They get all excited like it isn't exactly the same thing as being paid in Federal Reserve notes.

[cstone]

Sounds like a barter economy. As if that was some new type of system.