32.9k views
1 vote
One potential drawback of the gold standard is that

User Luispedro
by
7.4k points

1 Answer

6 votes
Farmers are hurt by it. The gold standard meant that there would be deflation, making it harder to pay back loans.
User Layog
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.