I too am ignorant of all the implications of going back to the gold standard. My gut tells me whatever they say and want, the opposite is probably true. You don't hear many people advocating for the gold standard, and I suspect many who disregard it are simply regurgitating the common talking points. With that being said, I've heard inflation being called legalized theft. On the gold standard, I believe the bankers/FED wouldn't be able to steal, with inflation, what we've worked for like they can now.
If there's one thing everyone can agree on, it's that you can't trust bankers or lawyers/politicians.
I too am ignorant of all the implications of going back to the gold standard. My gut tells me whatever they say and want, the opposite is probably true. You don't hear many people advocating for the gold standard, and I suspect many who disregard it are simply regurgitating the common talking points. With that being said, I've heard inflation being called legalized theft. On the gold standard, I believe the bankers/FED wouldn't be able to steal, with inflation, what we've worked for like they can now.
If there's one thing everyone can agree on, it's that you can't trust bankers or lawyers/politicians.