re: #125 jcm
You misunderstand the objection. See also, re: #107 ArchangelMichael
How do you tie a expanding economy’s currency to a fix amount of anything without a proportional deflationary effect on the currency?
Gee, I dunno, maybe because we had the greatest economic expansion and growth in world history from 1776-the early 1900s on a bi-metal”fixed” standard.