On what planet does Fed Money have the first thing to do with oilfield fracking?!
Now you're getting somewhere. Turn this around upon your own mistaken assumptions and see where you've gone wrong. On what planet does oil field fracking have the first thing to do with Fed money?
Don't get me wrong, cheap and plentiful fuel is and will be a godsend. It puts a floor under any downfall, for the people. It'll be bought and sold and exported. Might not ultimately be priced in US dollars, but it's there and has value. It gives advantage to domestic manufacturing, so there's a beginning or rather starting anew possible there, too. Already is in right to work states.
But it doesn't have a thing to do with government profligacy, the ballooning entitlement class, Fed excesses with the currency ... other than tax reciepts, which won't be nearly enough.
There is a core economy forming that creates a basis for rebuilding. That's a very good thing. That's the benefit of what you describe, as it will survive the looming paper and electronic catastrophe, that can only be delayed at this point. We reached the point of no return with the second QE, imho. It can be dragged out for a very long time, though. It'll be more visible looking back. The present will seem close to normal for most, as normal slowly declines.