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Message:: [QUOTE="yakpoo, post: 1332578, member: 18157"]Happy New Year, Doug! I hear what you're saying, but I just think there's more to it than that. I got up this morning with an idea for a peanut butter & pickle sandwich. It seemed like a good idea until I bit into it. In other words, ideas don't just float around in thin air, they're based on experience and results. Why does anyone want a dollar over...say, a peso or ruble? I would say it's the belief in the promise that in 10, 20, 50, etc years the US economy will be strong enough to return something of value for the money it's issued (the idea). I would go on to suggest that it's our proven productivity, innovation, fiscal responsibility, and military might that forms the basis for that idea. Credit Rating agencies form and revise ideas all the time. The US  credit rating, a measure of the belief (or idea) that the US will repay its  debt, was downgraded this year. Did the Credit Agencies just pull that  out of thin air or was there a reasonable basis for their change of "idea"?  You say our currency isn't backed by anything but an idea; I would say it's backed by our military, educational system, and sound economy. If we screw up any of those, our money will be worth bupkis. I've reached that thin, invisible line where Coins meets Politics so I'll stop now. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]