The Gold Standard and the Depression

Between 1870 when the gold standard started in 1896 your dollar now bought 30 percent more than it did. William Jennings Bryan wanted to inflate the money supplied by using gold instead of silver or not sorry including silver with the gold so he wanted his money to be based on silver as well as gold. The Federal Reserve Act which was another kind of central bank that can create money and credit money still backed by gold but now you know now they can kind of set interest rates and expand the money supply in other ways.