Aside from this guy's article jumping around semi-randomly, I laughed when I got to the line noting that government could avoid owing a debt to private banking corporations because the "government could have issued itself, debt-free." Wonderful strategy. Worked wonders in Zimbabwe. Shoot, I even bought a $500 trillion Zimbabwe note as a gag gift for a friend.

Currency is a measure of value that is determined by the collective pysche of those using the currency. Tell me what practical value gold had during the gold standard? I mean, they weren't using moderm computers then so...right. If everyone thinks their paper dollars are useless tomorrow than they will become quite useless, but as long as those participating in the market believe in the respective currency than we're fine.