25 lines
779 B
Markdown
25 lines
779 B
Markdown
# US Dollar
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The US dollar is the currency of the United States and acts as a [reserve currency](reserve-currency.md) for international commerce.
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## Properties
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The dollar is a [currency](currency.md).
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The dollar is not a [speculative](speculation.md) investment.
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The dollar is [inflationary](inflationary.md).
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The dollar has no [fundamental value](fundamental-value.md).
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The dollar has no [use value](use-value.md).
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The dollar has no [income-cashflows](income-cashflows.md).
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The dollar has a [present-value](present-value.md) of zero.
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The dollar has a [terminal-value](terminal-value.md) of zero.
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The dollar is a [non-productive](productive-asset.md) investment.
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The dollar is not a [security](security.md).
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The dollar is issued by a [central banks](central-banks.md). |