US
・UK
They are the hat to protect against trouble and to look dashing while facing it, big eyes to see the things around it and help it make wise decisions, a sake bottle that represents virtue for some reason, a big tail for the steadiness needed to reach success, a sack of IOUs for trust, nothing says trust like unpaid debts, a friendly smile for kindness, a massive belly for bold and calm decisiveness, and large balls for wealth and prosperity.
a sack of IOUs for trust (nothing says trust like unpaid debts);
Basically, the central bank and the treasury swap IOUs.
and the Treasury swap IOUs,
The Bill, Please By August 1839, the news reaches London and buries the foreign minister's desk under a mountain of letters from merchants, all asking for the queen to pay their IOUs.
The Bill Please By August 1839, the news reaches London and buries the foreign minister's desk under a mountain of letters from merchants, all asking for the queen to pay their IOUs.
The U.S. exports that debt by selling bonds, little IOUs from the mighty U.S. government, backed up by its agencies, courts and Congress.
The U.S. exports that debt by selling bonds, little IOUs from the mighty U.S.
This is the price of silver IOUs.
and they're trading these IOUs on the commodities exchange, and that's what determines the worldwide spot price.
These glorified IOUs are to be paid back by you and I and our descendants through future taxation.
The Treasury issues IOUs, bonds.