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That video is one way to put it, but at heart, fiat currencies represent the productivity of a nation. Money simply is a measure for how much work a human being does, how efficient, and how rare/difficult the work being done is.
All the lunatics calling for the gold standard are basically stuck in another era and they can't explain the following simple 'dilemma':
Why is the United States a wealthy country while countries with tons of resources ( Nigeria/Venezuela for example ) are poor ?
The obvious answer is ofcourse that natural resources alone have no bearing on the wealth of a nation and it is up to productivity and technological advances to bring wealth to humans.
As long as the United States keeps up its productivity and R&D, they have nothing to fear.
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