4 ms·
Getting off the gold standard was also fantastic for governments and has resulted in one of the longest histories of economic stability and growth the world has
by mrzimmerman 5y ago
Getting off the gold standard was also fantastic for governments and has resulted in one of the longest histories of economic stability and growth the world has ever seen[0].
We’ve had plenty of alternatives and most of them have been tried and studied. Having strong central monetary policy has resulted in large societal benefits.
[0] https://en.m.wikipedia.org/wiki/Gold_standard#Impact https://en.m.wikipedia.org/wiki/Gold_standard#Impact