Thinking about it, if the US economy was still on the gold standard in the 1970s, it probably would have been declined when Japanese cars and other goods took o

Thinking about it, if the US economy was still on the gold standard in the 1970s, it probably would have been declined when Japanese cars and other goods took over and would be very different by now. As a side note, one of the reason we got off it was government spending, which means as the more money NSA or Medicare for example spends more money gets printed (by increasing government debt).