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44 sats \ 0 replies \ @denlillaapan 14h \ on: Would life have been better if we had stayed on a gold standard? econ
Yes.
Hands, freakin' down.
Also: kind of a no-brainer... What broke hard money were two world wars, and a scenario where gold standard survives we thus dont have those and humanity avoids the capital destruction associated. It's then pretty undeniable that we'd be muuuuch better off in that timeline.
(Plus, democracy wouldn't have infested everything and women not get the vote etc etc ;))