It never ceases to amaze me that decent conservatives can throw socialist platitudes around to demonize capitalist style revenue instruments and central banking.
I'll haul away all the useless colored paper anybody cares to discard.
Sure our paper money is worth something now because our government and our military say so. As just one example, a Tunguska event over Washington instead of Siberia would have wiped out the value of our paper money. That's what a little 100 foot wide space rock can do. But Americans with a personal cache of gold would still have had value, because there is always a large number of people everywhere willing to pay a high price for it, whether that price would be in surviving currencies, or in food, shelter, and the necesseties of life.