The origin of paper money is baseless. The principles for which "paper" money exists is manipulated economics.
America's currency is based on Saudi Arabia Oil resources. We leverage the "dollar" against the value of foreign oil.
Originally, America based it's currency on Gold and/or Silver. When paper money was established, it was completely baseless, which drove up markets and growth in America. But, when World Leaders of other Nations learned of America's baseless "paper" money, baseless currency was outlawed, because of the destruction it could have on World Markets.
America, at that time, switched to a currency based on Gold. When America ran out of Gold? Meaning it was broke!
The Federal Reserve Bank was enacted, to stablize the Economy and allow Government operating expenses.
Please realize: the so-called "paper" money you own or have in your possession is almost worthless.
To be completely honest- the $1.00 or $100.00 bill you have are worth exactly $.05 and nothing more. Each are an "IOU" given to you from the Federal Reserve Bank.
America HAS NO MONEY and hasn't for years!