I’ve been looking at a few charts such as consumer prices, government spending, deficits, and debts in the US and they all explode after 1971 when Nixon closed the gold window.
Then I went on and looked at the same charts for the UK. After 1931 when the Sterling left the gold standard consumer prices also took off, as was the case in the US. You’d think the same would be true for government debt and spending. However, those didn’t start increasing significantly until the US left the gold standard in 1971.