the gold standard caused a huge collapse in the money supply, restricted monetary policy, caused enormous deflation, and exacerbated the problems of the great depression
the world's worst monetary instrument, that [ron paul] and his supporters want us to return to, for reasons unknown
"the gold standard caused a huge collapse in the money supply, restricted monetary policy, caused enormous deflation, and exacerbated the problems of the great depression" What is the definition of "gold standard"?