It is often discussed the fed and central bank will collapse with the gold standard coming back. This is inaccurate. It is the switch back to “state money” that is the key.
The US used state money called greenbacks before 1920. In some midnight politics by Roosevelt progressives the fed was given control to create money.
When state money system is used the government creates money and by definition there is no debt spending. It was with a gold standard back then but that is not critical. Of course there are inflationary possibilities but the banks are not creating loans and stealing money.
Trump knows this history and this is where he is going. It would be wildly economically susscessf but the banks will fight.
For a full very interesting documentary and hisorty on state money, search you tube for money matters Bill Still.
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