In a way most people have never left the gold standard as only gold has been able to maintain its status as the store of value of choice.
The only further debasement of the currency possible is to reduce the physical size of a dollar bill to the size of a postage stamp.
“never left” pretty much applies to me——but I modify that slightly. For me it’s gold, silver and guns-—I can get a bag of groceries with a little of each if paper money goes south.
——The only further debasement of the currency possible is to reduce the physical size of a dollar bill to the size of a postage stamp.———
The size of the bill is irrelevant. all money today is actually entries on electronic ledgers. The bills are but physical representation s of those ledger entries.
The single zap to make an entry can represent a single $ or a trillion $$’s but itself is infinitely small