Hey Bob…I get all the arguments for the gold standard but at the end of the day isn’t the issue that society isn’t willing to live with the human toll exacted by the consequences of strict austerity? For example the catastrophic unemployment during the Great Depression. I realize we might not have gotten into the GD if we had sound money in the first place.

How do we transition to sound money without going through a period of very restrictive austerity and a big dent to our prosperity with a lot of human suffering? Just asking…