Trump talked about bringing back the gold standard and as we know he's in the process of taking out the Rothschild thieves. I don't know anything about economics but people say everyone will be more prosperous if the gold standard comes back. How will the gold standard affect us? Thanks
EDIT: Thanks for all your comments guys! Y'all helped me understand
Ideally you want money to just be stable. Definitely no inflation, but deflation is almost worse, especially for those who have mortgages or other debt (paying back your loan with more and more expensive dollars), or variable income (because then time of income receipt becomes a major factor in your planning).
I've never understood the argument that deflation is worse in the context of a sound money system.
The costs of goods being cheaper over time (all other factors remaining constant) is a good thing for those purchasing those goods. It infers that goods are cheaper to produce and competition to produce and sell those goods is driving prices down and/or that the value of those goods in relationship to the unit of money is less. Allowing you to buy more with that single "money" that you could before. Think TVs getting cheaper and better over time. That's the kind of deflating of prices of consumer goods that I'm referring to. So you have more money to spend elsewhere after buying the same amount as you needed before, or you get a much better product for the same price or less over time.
A stronger unit of money over time rewards saving and savers. Wealth can accumulate in the hands of the people when government can't inflate or deflate away you're savings.
There is a paradigm shift that should be taken into account when you don't have to get rid of your money before its value is eroded.
That's not deflation, that's just a drop in the prices of goods, possibly because they're becoming cheaper to produce. Like inflation, deflation is "always and everywhere purely a monetary phenomenon." See my comment elsewhere in the thread forel some of the other problems with deflation.