Noah Kristula-Green recently debated Charles Kadlec about the problems with the gold standard and why we need a Federal Reserve.
Part of that lecture included a very thorough dismantling of the gold standard.
Lengthy, flowing hair has routinely been considered the gold standard by which women of color are judged.
The GOP platform itself called for the Fed to be audited and for a commission to look at reestablishing the gold standard.
That period included the tumult of the U.S. leaving the gold standard, the oil shock, and the rise of inflation.
But it is precisely this kind of a unit that the gold standard furnishes.
If the gold standard is a good thing, why try to get rid of it?
Where are these dogmas about the immutability and indestructible value of the gold standard now?
Mr. Morrill is a representative advocate of the gold standard.
The Senate was still Republican, but the Republican senators were by no means unanimous for the gold standard.
A system in which a nation's currency has a value measured in gold and can be exchanged for gold. Most nations, including the United States, went off the gold standard in the 1930s.