Judy Shelton here isn't advocating for a literal return to the gold standard, she's advocating for an analog, such as a limited-inflation cryptocurrency, that could impose the virtues of monetary discipline. This will fail for the same reasons the gold standard failed: hoarding https://twitter.com/gulftrotter1/status/1285574720646258688

It's easy to view the feds' money printing as the problem, but it's actually the consequence of the hoarding problem. Hoarding is a feedback loop encouraged by increased scarcity which exaggerates the value. In other words, the more you hoard, the more valuable it becomes.

This is why inflation exists, to redistribute value away from hoarders (well, everyone). A soft 'reset' if you will