The idea of paper money having a vague intrinsic value can be highlighted in the age-old story of the two brothers who owned equal shares in a pub. Whenever one wanted a pint of beer, he would pay the other a dollar, who would then pay him back for his own draw of beer. Pursued ad nauseum, this meant that the same dollar could account for unlimited quantities of beer; provided of course neither brother ever used it to buy something other than beer from his sibling.
More importantly, the game could continue until the brewery sent its chap around to collect money for all the beer that had been drunk by the brothers.
Unlimited credit attained by worthless fiat dollars is about to come to an end.
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