Please keep in mind - I admit I only listened to about 10 minutes worth however and correct me if I am wrong.
The presenter never condemns fiat currency and only condemns who is in charge of the creation of fiat currency.
Do we honestly believe our trust worthy politicians would be more responsible with the creation of paper money then the banking scroundels. Yes one advantage is not having to pay interest on the said debt however the real issue is not who should be in charge of creating fiat (worthless paper) but rather that it is created in the first place - that is why we used commodity based currency so that NO ONE could expand / contact the money supply at will.
I feel the presentor has missed this most important point and again correct me if I missed that.