Talk about cancel culture! From the time of George Washington to the early 1970s, the U.S. successfully operated under the gold standard, but it has been the great unmentionable among most economists and financial officials, who for years have derisively dismissed even a discussion of the subject.
Too bad. As this episode of What’s Ahead demonstrates, the existence of a gold standard would have prevented the economic disasters of this century, including our present woes. For starters. you don’t get inflation with a gold-based monetary system.
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