Have there been any estimates as to the direction of our economy if the U.S. would have stayed committed to gold? I not really interested in the answer of the benefits of gold versus fiat/devalued money, I'm interested to know how far unemployment, prices and productivity would have fallen if we would have remained committed to a gold standard.
Read until you have something to write...Write until you have nothing to write...when you have nothing to write, read...read until you have something to write...Jeremiah
Maybe it's impossible to say?
No one can say exactly for sure, but one thing is certain: We'd be far better off than we are now.