Are you saying we should be on the gold standard today? why not just stay on the Indian system of horses as wealth measurement ? it would make as much sense.
There are only about 4.5 trillion dollars worth the gold in the world today, less than half our national debt. so how would that work? gold would have to be in the billions of dollars per ounce , or a dollar would be worth enough to but 5 new cars, either way would be impractical.
The value of our dollar can be regulated by responsible managment of it, something not seen in some time and probably wont be seen for some time. by the way who do you think was president when we left the gold standard? Nixon was, and Reagan and Bush Jr were the two presidents to increase the debt the most and devalue the dollar in doing so. excatly how do you spin this onto the liberals now?