a currency based on the goods and services that a nation produces keeps the quantity of currency at practical levels consistent with tangible products debt-based central banks are going to become a thing of the past currency issued in the form of debt, as we have today, is doomed to fail (as it is now) once a currency is used as an investment, it is no longer useful as a currency the treasury market globally will become meaningless nations will begin to use their own debt-free sovereign currencies issued by their treasuries the fed will eventually be dissolved  the us treasury will issue debt-free united states notes again  currency backed by labor (productivity and services) makes a nation strong currency backed by debt makes a nation slaves
United States