[downrightmike]

"For context, these increases have even outpaced the surge in gold prices over the same period"

And you can't just manufacture or not the gold supply into scarcity

[knowitnone3]

yes you can. It's called mining

[sexeriy237]

actually the problem was population boom. FDR raised the rate from $20 to $35/ounce, and by timeNixon took the USA off standard the global population 3x. So gold is no longer scarce because it isn't backing real currency anymore. Its just metal