I didn’t say the gold standard caused the Depression; I said it exacerbated it. This is well supported by your link and other historical sources. The point is,

I didn’t say the gold standard caused the Depression; I said it exacerbated it. This is well supported by your link and other historical sources. The point is, without control of the money supply, a government cannot prevent deflationary spirals. Since Fed can print money temporarily, that makes recessions much milder. You're right, in a sense, that money printing is inflationary. But when money printing happens, it's to avoid a far greater evil: severe deflation. https://www.history.com/news/how-did-the-gold-standard-contribute-to-the-great-depression https://www.history.com/news/how-did-the-gold-standard-contr...