"Us"? Who, exactly, is "us"?

Since around 1980, all the "amazing global growth" has largely gone to those who own and hold financial instruments, while those who make and those who serve have just been treading water all this time.

I can't imagine how unbelievably wealthy I would feel if my class's wages had risen commensurate with increases in productivity, but I certainly don't feel all that rich now.

American wages have been stagnant. Meanwhile the rest of the world has been industrializing.

I'm sure it's just a coincidence but the 1980s was the beginning of the "off-shore everything" trend.

And yet social mobility has also been stagnant in the developing world for the last 30 years. So offshoring made a few people outside of W.Europe/US more rich in the 80's, but then the party was over for them, and it was back to the wealthy class sucking up all the excess production, everywhere.

We've had gold, and it was a massive equalizer between major powers. If someone overspent, they had to be smarter until they regained their wealth.

Inflation has destroys savings for the masses who keeps cash more than investment. We've seen this a half dozen times in the last 100 years.

> We've had gold, and it was a massive equalizer between major powers.

The gold standard was one of the worst fiscal policies ever. Its use was directly responsible for the destruction of millions of lives. Arguing to bring it back shows incredible nativity and a severe lack of history.

I suggest you read up on how horrible of an idea the gold standard was before you spout this kind of nonsense.

> I suggest you read up on how horrible of an idea the gold standard was before you spout this kind of nonsense.

Can you propose some reading material?

Inflation values future work over past work. It's not inherently bad.