Folks who believe that tying the value of money to the gold standard would ensure stability should instead look at how the price of shares has changed against t

Folks who believe that tying the value of money to the gold standard would ensure stability should instead look at how the price of shares has changed against the price of gold historically.[1] If we priced shares in gold terms, historic sharemarket swings would be even more volatile than what we see at present. Instead of considering the USD price of something as the 'value' of an asset, a better stance is to say that all assets can only be priced against each other. E.g. shares have decreased in value relative to cash and gold this quarter, but are potentially stable against real estate. From this lens, an individual interested in capital preservation should instead own a bit of everything, instead of a pile of cash/gold. Lastly, for people who want to maintain the gold standard for their personal cash stores, they can enter into futures contracts at extremely low overhead, which will link their cash stores to the price of gold ongoing. If you're keen on gold, why not? 1: https://www.businessinsider.com.au/sp-500-priced-in-gold-2015-7?nojs=1 https://www.businessinsider.com.au/sp-500-priced-in-gold-201... (I wish I had an updated version)