You do realize that you are backing a dollar with a dollar? But you cannot eat a dollar or play games on a dollar or drive with it. In and of itself a dollar i

You do realize that you are backing a dollar with a dollar? But you cannot eat a dollar or play games on a dollar or drive with it. In and of itself a dollar is just a piece of paper and has an intrinsic value of say 1ct. So adding a paper note to the economy increases the backing by 1ct and the currency by 1$. Adding an iPhone increases the assets by say 100$ (just made that up by taking 500$ cost - 400$ used materials) and leaves the currency as it is. Hmm, now that I think of it: Are you maybe talking about accounting?