No, gold backed money could have done the same thing without the stealing from the workers and the boom bust cycles.  FIAT is cancer pumped into the veins of society by extremely smart, evil bankers.

You can't have a monetary system that is corruptible or it will be corrupted.  We are living in a capitalis system run on communist rails.  You can't build a sustainable system on top of an unsustainable one.

Cancer is very fair if not nerfed.