[aoeuasdf1]

Ah yes, the bad old days: https://pbs.twimg.com/media/C8H9i9IUwAEBo5s.jpg

[jdale27]

Can you explain what conclusion we are supposed to draw from that chart?

[aoeuasdf1]

Having a currency standard based on metals is inherently unstable. Central banking has succeeded.

[ric2b]

You can't just compare those periods and assume that currency properties are all that matters, you're comparing periods that included:

- slavery

- the civil war

- the industrial revolution

- two world wars

- huge growth in population and in the economy, which makes it inherently less volatile

- a bunch of other important events that would obviously affect currency prices

[collyw]

Succeeded in keeping asset holders rich, and effectively suppressing the wages of workers.