4 ms·
The gold standard was, partially, abondonned due to the Vietnam War in 1971. German hyper ibflation, read up on it, it was hilariously bad, happened in the 1920
by hef19898 3y ago
The gold standard was, partially, abondonned due to the Vietnam War in 1971. German hyper ibflation, read up on it, it was hilariously bad, happened in the 1920s.
So, inflation under the gold standard was even worse than under fiat at times.