http://www.infowars.com/rand-paul-explains-what-the-dollar-is-backed-by-used-car-loans-bad-home-loans-distressed-assets-and-derivatives/

"...

As The Wall Street Journal reports,

...

“Once upon a time, your dollar was as good as gold,” Mr. Paul said, speaking at an event organized by the libertarian-leaning group Liberty Iowa. “Then for many decades, they said your dollar was backed by the full faith and credit of government. Do you know what it’s backed by now? Used car loans, bad home loans, distressed assets and derivatives.”

..."