How does money device its value?
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The value of money is determined by the demand for it, just like the value of goods and services. ... When the demand for Treasurys is high, the value of the U.S. dollar rises. The third way is through foreign exchange reserves. That is the amount of dollars held by foreign governments.
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The value of money is determined by the demand for it, just like the value of goods and services. When the demand for Treasurys is high, the value of the U.S. dollar rises. The third way is through foreign exchange reserves. That is the number of dollars held by foreign governments.
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