Reddit reviews The New Case for Gold

Many libertarians support a return to some form of the gold standard or legalizing crypot-currency. That does not appear to be Johnson or Weld's position though, so that should calm your fears. That would take a large consensus of the federal government to change.

As far as finding an economist to suggest it would be a good idea, there are entire schools of economic thought that support the gold standard. Here's a book by James Rickards that discusses the gold standard in a relatively readable format (not an economics textbook).

https://smile.amazon.com/New-Case-Gold-James-Rickards/dp/1101980761?sa-no-redirect=1

Why would countries buy more gold then? Each country is regularly increasing their gold vaults. When currencies fail, gold will decide your worth. Gold is much more than hedging against inflation, especially in a country like India.

Read this book. It's really good.

https://www.amazon.com/New-Case-Gold-James-Rickards/dp/1101980761/ref=mp_s_a_1_2?keywords=gold+book&qid=1570213655&sr=8-2

James Rickards makes a pretty good case for going back to the gold standard in The New Case For Gold

> And at the end of the day, you really, really don't want deflationary spirals

You need to make a distinction between deflation that's caused by inflationary monetary policies (where falling prices are caused by a bad economy) and normal deflation due to reduced monetary supply. Banks and mainstream economists hate deflation because it encourages savings and penalizes the holding of debt.

Any idea about this book? https://www.amazon.com/New-Case-Gold-James-Rickards/dp/1101980761