Gold Standard people are never able to answer the question as to why the Gold Standard was abandoned in the first place
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It’s very easy to answer.
Anyone with a brain can.
Because the government wanted to print more money.
It’s very easy to answer. Anyone with a brain can. Because the government wanted to print more money.
That's not an answer. There was massive public support to end the gold standard. The middle-class in particular was hurt badly every time there was a swing in the price of gold due to volatility. Twice in the 18th century a sharp drop in the price of gold triggered a depression. As bad as the Federal Reserve is the Gold Standard is even worse. Replacing a broken system with a system that is far more broken is madness.
Those who are ignorant of history are doomed to repeat it and apparently you want to repeat the failures of the Gold Standard...