Deutsche Volkswirtschaft - quo vadis?

The Gilded Age

From 1873 to 1933, the US gold standard operated in its purest form. Every piece of paper currency (such as gold certificates and Treasury Notes) could be exchanged for physical gold on demand. During this period, economic growth in America was nothing short of miraculous.

The late 19th century is known as the Gilded Age, during which U.S. industrial output skyrocketed. John D. Rockefeller, Thomas Edison, Andrew Carnegie, and J.P. Morgan created their famous monopolies, and the United States transitioned into a legitimate world power.

Labor conditions also began to drastically improve for working-class Americans. Since the Industrial Revolution began in the late 18th century, blue-collar workers had suffered health risks, long hours, and low wages. During the Gilded Age, factory conditions began to improve, child labor decreased, and wages increased. The middle class climbed to a new level of prosperity.

There were plenty of setbacks, such as the “Long Depression” of 1873–1879 and the Panic of 1884. However, these financial calamities paled in comparison to the Great Depression and Great Financial Crisis.
..

Also demnach waren die USA von 1873-1933 unter der "reinsten" Form des Goldstandarts ueberhaupt...ab 1933 dann Goldverbot und kurz danach Krieg....

The Golden Age of Invention

The miracle of the late 19th/early 20th century was not just limited to improvements in labor conditions. The scale of innovation under the gold standard was also extraordinary.

The telephone, airplane, and internal combustion engine all popped up in the United States during this period. Kerosene lamps turned into electric light bulbs. Horse-drawn carriages turned into cars, trains, and trolleys. Agricultural technology released millions of farmers from the burden of manual labor.

Electricity, plumbing, medicine, factory production, and infrastructure were all transformed during the Golden Age of Invention. Just look at this resume!

American Innovations:

    Internal combustion engine (George Brayton – 1872)
    Barbed wire (Joseph Glidden – 1874)
    Telephone (Alexander Graham Bell – 1876)
    Light bulb (Thomas Edison – 1878)
    Coca-Cola (John Stith Pemberton – 1886)
    Alternating current motor (Nikola Tesla – 1888)
    Kodak camera (George Eastman – 1888)
    Airplane (Orville and Wilbur Wright – 1903)
    Theory of Relativity (Albert Einstein – 1905)
    Sonar (Lewis Nixon – 1906)
    Synthetic plastic (Leo Baekeland – 1907)
    Television (Philo Taylor Farnsworth – 1927)
    Penicillin (Alexander Fleming – 1928)
....
https://vaulted.com/

Und dann spricht man in den USA vom "Golden Age of Invention"  waehrend des Goldstandarts?

Wie ist das ueberhaupt moeglich? Hatten die Amis damals zumindest Freiheitsprobleme und ein repressivs Regime?

ps..Denke mal wenn man eine vernuenftige und nachhaltige Geldpolitik seitens der Politik haette gaebe es die Diskussion ueber den Goldstandart nicht. Nur gib einem Politiker den kleinen Finger....
Und ja - ueber hemmungslose Kreditausweitung spricht man ungern, siehe "Roaring Twenties" - aber die Folgen davon verschuldet der GS