The US dollar is also on it's way out as the World's Reserve Currency and Petro dollar. It is a fiat currency not backed by any precious metal as it once was when it was backed as most currencies on the gold standard. There are no currencies that are based on the gold standard even if they are partially based on Basel standards. Yes it is a debt instrument as it is stated on the bill itself. It is also owned and operated by the largest private banking cartel on the planet as all currencies are. Control the worlds currency and or money supply and you control the population. One other piece of information is that a $1 bill is only worth .04 cents. That is the definition of controlling the worlds currencies and the population.