No major country currently has a currency with a gold standard.
The US was the last major country with a currency that had a link to gold. The classical gold standard for the US dollar had ended in 1933. A link of the dollar to gold, which was tenuous, remained after 1933 until it ended in 1971.
What is an argument for a return to the gold standard? What is an argument against a return to the gold standard? Please write something for either question, or both.
