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Let's use use actual observations to build understanding of commerce on a good moral foundation.
moral foundation Let's agree that Good is absolute and it requires honor and forbids stealing or lying. This has to mean that the world is good, humanity is good, America is a force for good, and America's legal and financial system is the best in the world. This is proved by the fact that a dishonest judge or banker stands out in sharp contrast to thousands of their peers. Even though it's wrong for us to malign these people as a whole, we'll agree that they're human, so I suppose that nine out of ten bad things that they (and we) do, have to be because of stupidity and not misfeasance. This is both good news (we really do mean well) and bad news (sin can be forgiven but stupid is forever).
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Most judges think the US Constitution says gold is optional. If you disagree then you'll either need to get a clarifying amendment passed or you'll have to cope with the consensus. These guys are trying to be fair; it's wrong to say they're "corrupt as any gangster".
In contrast, gold is not morally good or bad; neither is silver, iron, carbon, or iridium --only inasmuch and it helps or hinders us in doing good things like being honest and feeding our families.
Let's observe together that the "gold standard" was lots things --from the '20's when we had "gold" written on our money to the 70's when the BrettonWoods international gold standard was dumped and gold got put on the open market along with lithium, sulphur, and chlorine. Let's decide whether this change helped or hindered us in being honest and more able to feed our families.
understanding of commerce Over the course of this change, the percentage of Americans with jobs increased by 50%, each of these worker's earnings has increase five fold, and business cycles are not nearly the hellacious chaos they once were.
Maybe you don't believe that changing the money made the improvement; but you've at least got to accept the fact that it sure as hell didn't hurt. Most people who serve humanity by working with money (hey, like somebody's got to do it) say that tying the value of the dollar to gold made it hard for them to keep people employed. On the day in 1933 when Roosevelt took executive action in dropping gold, the stock market shot up ten percent, and the next day another six.
It's wrong to say that our inflation is a six percent problem --if you look closer, it's more like a two percent average. But what of it? Inflation is like gold, it's only good or bad as it affects our ability to be honest (what, you say you didn't know we have inflation?) and to feed our families (people don't starve now like they did in the '30's).
It is not honest to say that America's factories have closed. It's not true to say that people's savings are at greater risk now than they were in 1922. China has a primitive economy and I wish them well. They appear to be following Russia by learning about commerce the hard way. Americans seem to be a bit smarter than that.