g5000
Diamond Member
- Nov 26, 2011
- 127,092
- 70,831
- 2,605
You are speaking from total historical ignorance. Those developed countries which were not on a gold standard did not suffer in the Depression. And those countries which abandoned it during the Depression recovered sooner.False.Keep in mind that everything FDR did prolonged the Depression
As soon as FDR took us off the gold standard, our economy began recovering. The same thing happened with every country that went off the gold standard. As soon as they quit it, their economies began climbing out of the hole.
dear, any economy goes up and down a little but the Depression did not end till FDR finally and thankfully dropped dead in 1945.
also it is 100% stupid beyond words to say getting off a gold standard will boost an economy