Money is backed by your hard work the world over, your potential earnings is what backs the fake money. Quoting: Anonymous Coward 1517582
The only way to reasonably support this statement is by the accurate observation that very few people do any real hard work.
Most jobs nowadays are administration jobs. That is not hard work.
Most jobs nowadays do nothing to directly produce anything of value, unless you value the paperwork and data entry that could easily be fully automated by now.
And considering that these types of productionless jobs ARE A DETRIMENT TO SOCIETY because they have taken a stranglehold on our economy mostly because of the repressed technology not providing new jobs that would actually produce things of use and value,
it makes total sense that we have a DEBT MONEY SYSTEM
as a reflection of all these 'hard work' jobs, right?
People want to sit on their ass all day and live like kings with everyone else serving them even as they only serve their own financial/material needs and desires when they work;
is it any wonder the economy is a turd sinking in a shitstorm?