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" ... Krugman: “[T]o a young person who is trying to understand you need to tell them, you think that the people who talk like this are on the side of the little guy and against the banks but they’re not, they are actually supporting a policy that rich people, that billionaires have always liked. The reason that the gold standard, that goldbugism, survives in this modern world is because it is a doctrine that has always been subsidized heavily by billionaires, who like the idea that nobody can print money and nobody can inflate away their assets even if a little bit of inflation is what it takes to rescue the nation from mass unemployment.” ... "