Accountability is key.
Doesn't allow the government to manipulate the money supply (which almost always goes wrong, and mixing politics and economics is generally bad anyway), plus has intrinsic value.
Works all around the world.
Accountability, and it gives something for us to fall back on if the country goes to heck.
Enables money to have actual value. Gives money weight and stabilizes it. It will let us have something to fall back on if money loses value.
Prevents inflation and causes deflation, I see no good side in you're money being worth less, or a bad side in it being worth more, we never had a more sound economic system than under the gold standard.
Less inflation with the gold standard!
The Gold standard would lead to deflation, because of an insufficient monetary supply. Changes in the supply of gold is not proportional to changes in aggregate output. Fiat currency is the only standard by which the monetary supply can keep up with changes in output.
fiat is the only way to go the gold standard has failed many times such as argentina it would lead to bankruptcy and we dont have enough gold in the world to support only the us debt let alone the whole world
The gold standard is an antiquated idea. This would destroy the power of the federal reserve. Monetarism or Friedman anyone? We need a strong monetary force, which can only happen with fiat money.