What? The longest they list in here is 3 years. I could drone on endlessly about each of these case in point, but Im not gonna. We've been in one recession after another since 1913.
Not nearly as frequently as before 1913. Facts are facts.
Gold also limits the money supply with the amount of gold you dig up. It does not keep up with a growing economy, is way too rigid, and is highly susceptible to speculators.
Not nearly as frequently?
And not nearly as deep.
I don't know why you picked 1913, but weo did not go off the gold standard until 1933.
Let's take a look at how deep the recessions/depressions were before and after that time.
1836-1838 recession, business activity shrank 32.8%.
Late 1839–late 1843 recession, shrank 34.3%.
1845–late 1846 recession, shrank 5.9%.
1847–48 recession, shrank 19.7%.
1853–54 recession, shrank 18.4%.
Panic of 1857, shrank 23.1%.
1860–61 recession, shrank 14.5%.
1869–70 recession, shrank 9.7%.
Panic of 1873 and the Long Depression (this was the Great Depression until 1930 and lasted six years), shrank 33.6%.
1882–85 recession, shrank 32.8%.
1887–88 recession, shrank 14.6%.
1890–91 recession, shrank 22.1%.
Panic of 1893, shrank 37.3%.
Panic of 1896, shrank 25.2%.
Panic of 1899–1900 recession, shrank 15.5%.
1902–04 recession, shrank 16.2%.
Panic of 1907, shrank 29.2%. It was this Panic which ultimately led to the creation of the Federal Reserve.
Panic of 1910–1911, shrank 14.7%.
Recession of 1913–1914, shrank 25.9%.
Post-World War I recession, shrank 24.5%.
Depression of 1920–21, shrank 38.1%.
1923–24 recession, shrank 25.4%.
1926–27 recession, shrank 12.2%.
Great Depression, shrank 26.7%.
And here is the point we came off the gold standard.
Those countries which came off the gold standard at this point first, recovered first.
Now notice the incredibly dramatic difference in GDP decline from this point forward:
Recession of 1937, shrank 18.2%.
Recession of 1945, shrank 12.7%.
Recession of 1949, shrank 1.7%.
Recession of 1953, shrank 2.6%.
Recession of 1958, shrank 3.7%.
Recession of 1960–61, shrank 1.6%.
Recession of 1969–70, shrank 0.6%.
1973–75 recession, shrank 3.2%.
1980 recession, shrank 2.2%.
Early 1980s recession, shrank 2.7%.
Early 1990s recession, shrank 1.4%.
Early 2000s recession, shrank 0.3%.
Late-2000s recession, 5.1%.
Now you can plainly see since we came off the gold standard in 1933, our recessions have been farther and farther apart, and much, much shallower and shorter.
Not only that, our poverty level plummetted to 15 percent of the population and has held steady there for more than half a century.
The gold standard clearly creates massive economic instability.
