Really? Because at the time you wrote this, only about $1.2 trillion US was in circulation.

As in, out of all people and businesses all over the world, they, cumulatively, had $1.2 trillion.

So how did the government overspend our money for us?

Homophobe detected?

Does he? Really?

Because I’m pretty sure the Federal Reserve prints “Federal Reserve Notes,” or “money.”

And I’m pretty sure the Federal Reserve is a private institution, with no government influence.

So how does Obama print money with a company he doesn’t run?

Money is real. You can hold it.

But value is abstract, and defined relative to other objects.

What is $1 without someone that is worth $1?
How much is one dollar really worth if every has one million dollars?

Gold and silver were used as currency because they were desired (had value) and were available to almost every nation.

We used to trade food and fur.

Then it became metals.

Then it became paper.

And it’s pretty useful as a conductor. It’s used in computers and spacecraft.

And gold amalgum is used in dental fillings, being soft/malleable and relatively non-reactive and causing no allergy.

And yes, it’s pretty.

And in short supply.

Dude...

1. There are only $1.45 trillion US in circulation.
2. The “Gold Standard” was abolished decades ago, so that we could trade gold as a commodity without affecting the value of the dollar. Check your facts.
3. To whom do we owe these IOUs?