For the average schmo, the Gold Standard is a really, really bad idea. The folks who push it talk about inflation, as if it were 1) just around the corner! and 2) an unalloyed evil.

Well, it IS an evil if your income comes from interest. Your revenue stream gets smaller. OTOH, if a lot of your income goes to servicing debt, and your income rises with everything else, your debt becomes less onerous, and your payments smaller in real terms.