It is essential for the United States to contemplate reverting back to the gold standard.
Discussing the matter of gold being used as a standard is something that economists and decision-makers dealing with finances more generally have refused to consider. However, recent activities and events show that it is absolutely essential to end[...]
For years, economists and financial officials have derisively dismissed talk of the gold standard, an economic system the United States successfully operated on from the time of George Washington to the early 1970s. Now, as the concept of cancel culture has become a hot topic for discussion, the gold standard is receiving renewed attention as a possible economic system for the future. Supporters of the gold standard argue that it could provide economic stability and protect against inflation, while opponents argue that it could lead to deflation and limit central bank flexibility. As the debate on the gold standard continues, it remains to be seen whether it will become an accepted part of the modern economic system.
