> The history of North American and Western European economies after going off the gold standard, and asian and Eastern Europe economies more recently all show

> The history of North American and Western European economies after going off the gold standard, and asian and Eastern Europe economies more recently all show these same correlations. So what you're saying is that it's all based on one data point, the second world-war. Gold existed for thousands of years, why is this incredibly bizarre period of history used as a proof of anything about the gold-standard? Even worse, the gold standard wouldn't have collapsed if it weren't for the widespread use of fractional reserves banking, along with many government policies at the time that significantly worsened the situation. The 40's, 50's and 60's were a period of unprecedented growth for the US, which was on the gold standard during that whole period, but no one tries to claim that the gold standard was responsible for that.