Is Money entirely unreal?

I have been asking this question for some time. Is the money we are using everyday totally unreal? Are we living under an illusion that money is important in our daily lives?

The US is facing a very bad housing crisis and credit crunch. To solve or help to solve the problem, the US government can simply inject more money into the system. We don't need economics nor do we need to count our money. If the price of houses fall jeopardizing the economy, then the government can solve the problem by giving more money to raise the price again or at least to stop it from falling. If giants like Bear Stearns, Freddie & Fannie may fail, again there is no problem with bailing them out. So we really don't need money any more; we don't need concepts of profits and losses, bankruptcy, growth, etc. We need a government that will give money to sustain our world, our economy and our daily lives.

Is such policy something that you can find in socialism or communism? I am certainly not knowledgeable enough to answer the question. But as far as I can remember, communist theory builds upon a government that controls economics, dictates application and distribution of "money" and definitely there is no room for bankruptcy or insolvency. Everything is state-owned or belongs to the state of proletarians. So as a citizen of a communist state, you should never worry about your financial situation, your income, etc. The communist state will take care of your needs and certainly the price of your house will never fall. Housing is a state-controlled commodity. You need not worry about your future, your abilities to earn a living or your competency or talents. The state will look after you whether you are competent or not. If you make a mistake in buying an overvalued house (whether due to wrong or misleading information), there is no problem. The state will give you a house free or something equivalent to that. If you run a risky subprime mortgage business jeopardizing the investments of your shareholders, the livelihood of your employees, etc., there is no problem. The state will handle it and support the continuation of your business, maintain the livelihoods of all affected.

Which is a better system, capitalism or communism? This is a question debated many many times. While some critics have commented that China has turned from socialism or communism to capitalism, I think there will be critics or more critics commenting that the US government has turned from capitalism to communism. Whether this is what (Jim Rogers??) has been described as "Socialism for the Rich", I am not too sure.

What I am sure is that the concept of money in a capitalistic society must be changed. Money must not be regarded as money; it is something to be abolished and replaced by something entirely new. If you have watched "Star Trek", you may recall that in their age humans have abolished money. Yes, this is the trend we are seeing.