It may be a sign of desperation, but desperation can lead people to do sensible things (and unsensible ones). A commodity-backed currency is not a bad idea (US

It may be a sign of desperation, but desperation can lead people to do sensible things (and unsensible ones). A commodity-backed currency is not a bad idea (US dollar used to be backed by gold, for example), but only if they stick to it. These guys are thieves and charlatans, so I expect they will devalue this currency as well when it suits them.