Clearly, since you give so many examples...
Really? By what mechanism?
Massive money creation eventually leads to inflation, which eats away at the value of your dollars. The rent-seeking elites are much more equipped to handle this because they receive the newly created money first.
How do they get it "first" and how does inflation help them?
Before the gold standard was ended, US national debt was well under $1 trillion. After almost five decades without a gold standard, the national debt is now over $20 trillion and is set to go a lot higher in the coming years.
The debt has nothing to do with the Gold Standard and everything to do with out-of-control spending by politicians, mainly not spent on productive endeavors, but stupid spending to get reelected. Free cell phones for deadbeats...how does that help anyone other than the politicians? Transfer payments (i.e., payments for no good or service in return) in the US increase by 32% during the past 8 years. That's simply politicians buying votes with your tax dollars with nothing in return.
As I mentioned before, when new money is created, it goes directly into the banking system. After that, it goes to the most well-connected individuals and institutions.
Proof? Pure BS.
After the fat cats have had their fill, wealth trickles down to the rest of us. The gold standard is essential in keeping money creation restrained.
Please explain this mechanism. More crap.
The graph that shows productivity relative to real median family income has nothing to do with the gold standard or inflation. His statement: When the creation of money becomes unrestrained, inflation becomes rampant. breaks down when you consider the rate of inflation during the years of the largest gap in his graph is from 2008 to 2015 when inflation was around 1%. Median incomes fell because businesses could dodge the Obamacare bullet by using parttime workers (i.e., under 30 hours/week). Median incomes fell because of reduced work hours, not the Gold Standard.