Infographic: The Gold Standard

Posted on July 18 2026

Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here:

Comments

When commenting, please take note of this blog's comment policy, which is available here. Contravening this policy will result in comments being deleted before or after initial publication at the editor's sole discretion and without explanation being required or offered.

4 Responses

Yesss says:

July 18 2026 at 7:34 am

Thank you for this. I’ve seen lots of documentaries about why the money system is broken because we came off the gold standard.

But this has started to teach me the constraints of a gold stand.

In the summary “the gold standard treats gold as more important than people”; has echos of today’s issues, where “balancing the books is more important than people”.

Reply
- Richard Murphy says:
  
  July 18 2026 at 8:51 am
  
  Thanks. I realise these things will take quite a lot of time to write now. But I like them.
  
  Reply
Mike Parr says:

July 18 2026 at 8:17 am

Another good one. Well done. Easy to follow.

Reply
- Richard Murphy says:
  
  July 18 2026 at 8:49 am
  
  Thanks. Jacqueline is checking them now. She sees what I get wrong.
  
  Reply

By leaving a comment you consent to your name and email address being stored on the site. We won't spam you or pass it on to anyone else.