Commentary
Even though the COVID-era inflation surge is in the past, Americans are right to remain concerned about the state of our money. Contention over America’s monetary policy is nothing new, however, and sound money advocates can find inspiration in revisiting the prominent money debate, which enraptured much of American politics at the end of the nineteenth century. This period, known as the Gilded Age, was in many ways a captivating and busy time. In the years following the American Civil War, there was remarkable economic growth and productivity, but also a litany of issues facing the country, not the least of which revolved around monetary policy.
