Source: Libertarian Institute
by Lucus Peters
“From 1820 to 1914, the classical gold standard provided the monetary foundation for one of the greatest economic transformations in history. Stable prices, disciplined credit, and broad trust in long-term savings enabled railroads, canals, telegraphs, electricity, and steel construction to flourish without the distortions of modern fiat debt. The result was a century of rapid innovation and rising living standards that reshaped the modern world.” (10/29/25)
https://libertarianinstitute.org/articles/sound-money-and-the-forgotten-engine-of-progress