I’m not an economics guy, I try, but it makes my eyes glaze. What would going back on the gold standard mean generally? In the sense of everyday economic transactions, salaries, cost of goods, etc.
More than likely, the dollar will be replaced by a basket of currencies and gold. Even a partial gold standard will stabilize the economy and protect our savings. But the dollar will collapse.
It would also mean deflation, wouldn’t it? At least short term?
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