Monday, December 10, 2007

USD

I made a deposit today at the bank by using the drive-thru window. While waiting for the deposit slip to come back, I noticed this sign on the machine:
"Backed by the full faith and credit of the United States government.
The U.S.A. national debt (as of 9:44 PM GMT) was $9,170,647,233,269.71.

Is that the "credit" backing my deposit?

And exactly what is the "faith of the government"?

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