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. Imagine saving a dollar today and knowing it would still buy the same basket of goods in 2075. Families could plan across generations, while...

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