A recent Treasury research paper admitted that there was no fail-safe method to estimate the correct value of a currency.
最近财政部的一份研究论文承认，在评估一种货币的正确价值时，并没有一种万无一失的方法。
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Since America is the world's largest economy, has the most liquid financial markets and operates the world's premier reserve currency, the Treasury bond has been seen as the global risk-free asset.
This central bank is the custodian of the gold supply (except what part might be held by the Treasury) and issues the country's currency, governed strictly by the gold ratio.