Then it's only a question of time that all Texans will be millionaires
I think the whole money system is wrong. It has worked for 200 years, as long as single nations were able to grow on others' backs (e.g. see british empire), but with the globalisation this all comes to naught. We will manage to live on for a few years on the middle east for oil and Africa for rare elements, but as soon as they stop killing each other there and unite, it will all go for real sustainable resources.
It was always about growth and expanding, with real globalization (not what G8 does, this is securing most worldwide resources for a few) economical growth can not go on forever.