Read about the Great Depression and how the gold standard made things worst.
The read about the 1930's in Europe and see how the gold standard made things worst.
Simply put when the people took their notes to the central bank and asked for the gold in return. This caused the bank to raise the interest rates so that they did not run out of gold. We all know that when times are tough the rates should go down not up.
That is one of the many reasons that the gold standard was not a good idea
