Dude, I am not going to go back to a post I made 3 weeks ago, and I just did with another member.
You know what I said 3 weeks ago, and if you want to know again, go back to that post.
Or I will ask you the same question, why a $100 note worth $100 and not the 10 cents it was printed on? And if you think it's the Fed that said so, then you have a bigger problem then what guaranteed Fiat Money....Because Fed can say the 1.03 trillions US National T Bond China is holding worth 0.001 cents and that, I think would be a bigger problem then what guarantee fiat money.