Clever?
Does the fact that we can exchange fiat for six-packs mean that the currency is beer-based.
Doh! is more like it.
I didn't see where EP had stated that the $USD was gold based, rather than one could exchange FRNs for gold. My bad.
However, technically, FRN's are backed by Ts, and now GSEs, which are "unofficially" backed by Ts (wink-wink, nudge-nudge, know what I mean?). Ts are supported by the assumed going concern nature of the USA, which itself is based on its taxation authority.
Since said authority is levied against all economic production, including beer, then I think we can safely conclude that FRNs are indeed backed by a beer-standard. LOL