The terminology is wrong in subtle bu important ways. Here&#x27;s a great presentation on the origins of money and debt: <a href="http:&#x2F;&#x2F;m.youtube.com&#x2F;watch?v=0zEbo8PIPSc" rel="nofollow">http:&#x2F;&#x2F;m.youtube.com&#x2F;watch?v=0zEbo8PIPSc</a> and here is the analysis of nominalism vs. Metalism from Randall Wray who is one of the key proponents of modern monetary theory <a href="http:&#x2F;&#x2F;neweconomicperspectives.org&#x2F;2011&#x2F;08&#x2F;mmp-blog-12-commodity-money-coins.html" rel="nofollow">http:&#x2F;&#x2F;neweconomicperspectives.org&#x2F;2011&#x2F;08&#x2F;mmp-blog-12-commo...</a>