Quote Originally Posted by JakeMartinez
Personally, I think money is an outdated idea that is no longer needed. We have the resources and the technology to make the world a much better place than it is now, but that could take hundreds of years just until someone figures out how to turn a profit on it.
Money is definitely need, it is a medium of exchange. Otherwise, how will you go about obtaining something you want or need? A system based on bartering leads to suffering. Look at the Wiemar Republic as a good reference. Then think about what it can lead to.

The problem is, money has become more than a medium of exchange. The ability to inflate it is a source of government/ systematic control.

You cannot have utter collapse of economies, as very ambitious people with malcontent will be lining up (with a highly probable success rate) to exploit for control.