The Value of the American Dollar. (part 1)

The wealth of the U.S. is based on the gold in Fort Knox, the natural resources we have, the land we own, the businesses we own, the homes we own, the cars and boats we own, medicines, even computers and TV sets we own as well as more abstract things like the education level of our citizens, the values we hold, the faith that others around the world have in the stability of our government and our free market system that allows any one of our citizens to excel in the field they choose and possibly get rich with their ideas and inventions. These all put together are called the economy. 

These are some of the things which create the value of a dollar. Intrinsically, a dollar bill's value is just ink and the paper it's printed on. It is the fact that it represents the extrinsic value of all those things mentioned above that gives it it's value.