No its not. And I fail to understand why this keeps coming up. The gold standard tied fiscal and monetary policy to an arbitrary commodity: gold. Whereas value

No its not. And I fail to understand why this keeps coming up. The gold standard tied fiscal and monetary policy to an arbitrary commodity: gold. Whereas value exists beyond the commodity itself. The gold standard had all sorts of unintended consequences and is not fit for a modern economy. What is perhaps more worrying is common currency. The Euro has lead to a lot more trouble than it was worth, Frankly speaking.