The point implementing a real gold standard one that isn’t manipulated would create a floor.
No one is advocating to adopt anything Roosevelt did or any other system that rewards cronies and allows for direct manipulation of our currency.
It brings to the top the exact problem. It really wasn’t a standard - just another hijacked term by the progressives to further their own agenda. It is not different than what the Fed does.
We need a tangible solid base for our currency.
Yes, of course. We and everybody else on earth needs that. And everyone that lived before us since Lydians started to use coins.
That is not what we were discussing, however. The question is whether gold standard is free from the ills of fiat money. It is not, as history amply demonstrates. Most proponents of gold standard are Utopians who simply disregard history and logic in order to conclude that gold standard is superior.