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I've heard it suggested Churchill's decision (as Chancellor in 1925) to return to the Gold Standard was a major contributary factor to the Great Depression, at least in the UK.

What if however, he decided to keep the economy off gold? The return to the Gold Standard was a popular one with most of parliament, so could he have survived as Chancellor had he made a different decision?

More importantly, what are the more long-term affects of this, both for Britain and the rest of the world?
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