"...Leaving his historical errors aside, Mr. Cruz is not the only Republican presidential candidate to express admiration for the gold standard: Senator Rand Paul and Ben Carson have, too. The gold standard has long been a pet cause among some conservatives (it was hinted at in the 2012 Republican platform) and has gained credence among mainstream Republicans as a tool to limit government influence over the economy.
But a return to the gold standard would be catastrophic, especially as we continue the climb out of our Great Recession. That is because, as the framers of Bretton Woods knew, the course of an economy depends not only on what happens, but on what people expect will happen..."
http://www.nytimes.com/2015/11/13/opinion/campaign-stops/why-republicans-still-love-the-gold-standard.html
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