open question:
what happens to everyone’s wealth (or lack thereof) if we returned to the gold standard?
Great question. I am one that is looking forward to copper pennies again.
Maybe reset right where you are, but that dollar will go a lot farther. I’m not sure I believe in all the ReValuation tropes, but in those scenarios all debt is cleared. I do believe it’s criminal what banks do to people and that swamp needs to be drained too.