I was born in 1969. The US went off the gold standard when I was about two years old. I remember news reports of the rate of inflation going above 15%. I rem

I was born in 1969. The US went off the gold standard when I was about two years old. I remember news reports of the rate of inflation going above 15%. I remember the economy being one of the reasons Carter lost the Presidency. I remember the rate being brought down, not by going back on the gold standard, but by the Federal Reserve following the standard Keynesian prescription, i.e., cranking up interest rates and causing a recession that brought unemployment up to about 10%. I think I was more politically aware than the average ten-year-old, but somehow I missed anything comparable to mass graves.