On internet we can hear a lot about US dollar and relation to the gold standard. Many think that bring back gold standard to US dollar is only solution to stabilize US economy, reduce inflation and reduce deficit.
Gold is a physical commodities which has limited reserves on the planet while society is constantly growing.
Society, including USA, does not get stable and prosperous when national currencies simply tight or not to the gold standard.
Today any country can be call stable and prosperous when citizens can find jobs, when citizens have upward mobility, stability in the country in the way of obtain essentialness necessities like a quality food, decent closing, obtain-ability of shelters, ability to buy home house, honesty of government on the federal and local level in the way to accountability to the citizens and broader society, mandatorily renew replacement of all law and regulations, time limits to all government leaders and all employees.
Simply implementing of gold standard does not guaranty to deliver stability and prosperous development of the country.
Implementing gold standard and hope that gold standard will sole at least majority if not all problems in society simply naive and childish.
what do you think?