Going on with the thought of nothing, it's actually true. Ask an economist what money is actually based on and you get the answer: debts. In other words, when a politician talks about "no tax decreases til all national debts are gone" you can be sure he's either deceiving or has no idea what s/he is talking about. Because with no debts to back it, the money's value would automatically drop to zero.
Deleted because of inaccuracy. Even if national debts were gone, private debts and debts owed to the government would still exist. (E.g. those with income in the US need to pay income taxes in USD, which gives the USD value.) The idea that money is valueless unless the government that printed it is in debt is an odd one.
Deleted because of inaccuracy. Even if national debts were gone, private debts and debts owed to the government would still exist. (E.g. those with income in the US need to pay income taxes in USD, which gives the USD value.) The idea that money is valueless unless the government that printed it is in debt is an odd one.