US National Debt now literally more than all the money in the world

[Namaste]

sure brah

anyways, our money system is seriously all based upon the belief that our notes are worth what we say it is...

a 1 is worth 1 dollar because everyone belives it is, same with the 5, 10, 20, 50, 100, etc, when they are all just pieces of paper.

So this 70 trillions dollar bill theory is bull because you have to get the ENTIRE PLANET to believe that thing is worth 70 trillion (monies) for it to be anything more than a piece of paper.

Uh, money has always been something we assign a value too. Gold is ****ing worthless for everything but jewelry and some wiring. But it looks pretty so we decided it was more valuable then rocks.

Then the Incas (Aztecs? Mayans? One of those) just used coco beans for money because they liked the drink. As long as we've had money we've assigned a symbolic value to something to exchange instead of the actual goods.