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[–] [deleted] 2 pts

Aw man, it stopped right before the scamdemic!

[–] 1 pt
[–] 1 pt

>The gold standard was abandoned due to its propensity for volatility, as well as the constraints it imposed on governments: by retaining a fixed exchange rate, governments were hamstrung in engaging in expansionary policies...

>governments were hamstrung in engaging in expansionary policies

And that is why it went.