It is not what money is backed by. It is who controls the supply of money.
Money for trade is like oil for an engine. It is only used to make things run smoothly.
Not to much or not to little.
Too much money too little supply not good.
Too much supply not enough money not good.
The more stable the moneys value the better.
It is our individual trust in each other that holds a system together or lack of trust that allows it to fall apart.
Our problem is how to we find the people that we can trust to lead us.
We need to trust that the unknown person we vote for will be no worse that the known person in office who uses the power we have given them not in our best interests.
The way things are now is we would rather have the crook we know that to elect a possible one we don't know.
If you want to reply, then
register here. Registration is free and your account is created instantly, so you can post right away.