> Unfortunately this "nonsense" is the explanation that any economist would give you.
lots of people running around hn espousing their own particular viewpoint as mainstream econ. are you guys working together or is it just a few guys attempting to take advantage on a non-econ crowd?
> Maybe you can be the first one to propose a revolutionary alternative theory, but I haven't read it :)
well you're obviously not very well read if you think commodity money is a revolutionary alternative theory :). I'd suggest starting with introductory econ textbooks and setting your own prejudices aside until you're better informed.
Unfortunately this "nonsense" is the explanation that any economist would give you.
Maybe you can be the first one to propose a revolutionary alternative theory, but I haven't read it :)