Comment by __MatrixMan__

It would be very nice if we had a system where the money was backed by some kind of consensus about quality of life. But what we have has more to do with compulsion.

The more dollars there are, the more deeply in debt we are. If these were interpersonal debts where we all owe the dollars to each other such that they go away when whatever promise is eventually kept, that would be a tight knit society. But instead we're all indebted to the banks, so instead we have a lot of collateral at risk, and a lot of uncertainty about whether it's a stable arrangement.

If there isn't enough money to satisfy the asking prices set by the owners of these abstractions, then we can always go deeper into debt until there is. Or we could have a debt jubilee and let the prices re-settle to something more in tune with reality.