It's amazing how I read this all the time, but it makes no sense.
Am I missing something here or are people who say that just as dumb/clueless as I think they are???
you're missing something.
How does the USA back the value of the dollar??
by forcing taxpayers to make good on the debts of the US government. How this is possible in the long term seems to escape most of our 'experts', who will be long gone when the time comes to actually pay.
Don't listen to people like Krugman who want to scare you away from using things like Bitcoin.