Is there anything in this article that isn’t false, a fallacy, or confusion?
You have to love how fiscal and monetary stimuli are presented as indisputably Good Things; since a gold standard would inhibit the government’s ability to do those things, gold is a Bad Thing.
And gold is subject to fluctuations, says the writer, apparently never having seen charts of purchasing power through 1971. (Usually these writers are talking about gold in a fiat-money economy, when its “fluctuations” are actually fluctuations of the fiat money. Gold as money, when it exchanges in all markets, is in fact extremely stable. That’s why society spontaneously chose it as money — a decision subsequently codified, but not originated, by governments.)
Read (and refute) all of “What Would Happen If We Returned to the Gold Standard?”