> And it has ended in desasters around the world multiple times already. Well the global economy and most national ones were in a permanent boom and bust cycle

> And it has ended in desasters around the world multiple times already. Well the global economy and most national ones were in a permanent boom and bust cycle between at least the mid to late 18th century and the Great Depression. The gold standard was never stable, just look at: https://www.officialdata.org/us/inflation/1800?amount=1#:~:text=Value%20of%20%241%20from%201800,cumulative%20price%20increase%20of%202%2C295.52%25 https://www.officialdata.org/us/inflation/1800?amount=1#:~:t.... Just instead of steadily (well prior to 2020 anyway) going up all the time like now the worth of currencies was swinging up and down in a wildly volatile and unpredictable manner every few years..