I agree that money needs (must) be based on something real...else fiat currency that is totally arbitrary in value and will be manipulated
In affected its the flip site of gold.
Gold is static so can not reflect the real world creation/growth of wealth
And fiat currency is arbitrary something created out of thin air so also does not reflect the real world wealth that exists
Neither is the answer because neither reflected reality
So what then, do you suppose is the answer?
From what I can see of history, the problems with fiat currency dwarf the problems with a gold standard.