Well, the collapsing credit money couldn't be offset by more printed paper money; so that's what made the Depression cut so deep. But the credit money was only

Well, the collapsing credit money couldn't be offset by more printed paper money; so that's what made the Depression cut so deep. But the credit money was only able to collapse because it had gotten so high in the first place. Whether your money is a bank account, commercial bonds, government bonds, or gold; it doesn't pay to have fluctuations in total volume. Keeping the base (i.e. gold or dollars) fixed won't stop the banks (and governments) from borrowing and loaning more every year, until a crisis shows them that they have gone too far.