@ETsoul@Gnome4308@ComicDaveSmith The us economy was never as strong pre getting off the gold standard as it was post. That's just a fact. Maybe two decades passed and the US was the largest economy in world history.
@xcsler@Gnome4308@ComicDaveSmith Wealth inequality was worse during the gilded age, during the gold standard. What has increased wealth inequality has been conservative economic and tax policies.
@xcsler@Gnome4308@ComicDaveSmith Inflation also ensures money flows through the economy at the right rate to drive growth. You have far less incentive to spend your money if it get more valuable with time. Inflation means your money is never more valuable than it is right now; do something with it.
@ETsoul@Gnome4308@ComicDaveSmith The gold standard failed completely, that's why every developed nation doesn't use it anymore. Nobody is gonna over take the us by doing it either. The totally supply of good on the planet is dwarfed by the value of the global economy. You'd destroy society by bringing GS back.