Xcascoi, I DON’T CARE ABOUT YOUR CHEAP ADVERTISEMENTS. Please go away.
Now, don’t jump all over me if I’m clueless, but right now money is on a sort of shortage. I guess, this is my question: why can’t the bill/coins be worth something itself? Most of the money in circulation is backed up by gold, right? I’m saying, why can’t they make the bill itself worth something, so it won’t have to be backed up by gold. I didn’t put much research or anything into this, so it may just be that the amount of gold/minerals isn’t the case. If the dollar bill (along with other currencies) was something itself, there wouldn’t be a huge shortage, right (correct me if I’m wrong)? By the way, I already know one flaw, which is the amount of trees being cut down to supply paper for the bills. Guess I’ll have to think up something for that. No mean answers please 
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October 4th, 2009 at 5:45 am
That was once the case (paper money backed by gold, and coins that contained a metal content close to face value), but it is true no longer. No country in the world backs their banknotes with gold or any other metal (Switzerland was the last country to abandon the gold standard, in 1999). In fact, only a few countries maintain a gold reserve big enough to back more than a few percent of their debt.
The US dollar is backed by "the full faith and credit of the United States government". Creating large quantities of new currency should lead to inflation and making the currency already in circulation worth less. Zimbabwe is an extreme example of what happens when government prints massive quantities of banknotes - 100 Trillion Zimbabwe dollars from January 2009 are now worth about 30 cents US.
By the way, US banknotes are printed on a cotton fiber substrate.