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
Do you think they (fingers crossed it happens) might go balls deep into the olden days economics and just destroy minimum wage laws and all the rest?
generally speaking, if gold standard happens we should expect to see other dramatic reductions in regulations.
but isnt minimum wage mostly a state issue? maybe state governments will align with the reduction in regulations. however that would require an election cycle with non-politicians to change things to a more sane system at all levels
Biden proposed a federal minimum wage of $15/hour.
Of course that will hurt businesses and many will be replaced by robots, which is the point.