A response to the Layman

  What vitalizes the national economy is money. It does not matter who prints that money, so long as it gets printed and distributed. The state needs to get off whatever standard it uses to control its money supply since it is that very standard that restricts economic growth.

  The economic policies of the Third Reich were in the beginning the brainchildren of Schacht, who assumed office as president of the central bank under Hitler in 1933, and became finance minister in the following year.[15] Schacht was one of the few finance ministers to take advantage of the freedom provided by the end of the gold standard to keep interest rates low and government budget deficits high, with massive public works funded by large budget deficits.[15] The consequence was an extremely rapid decline in unemployment—the most rapid decline in unemployment in any country during the Great Depression.[15]

  For many Germans, the pain suffered during the hyperinflation of the 1920s, was overwhelmed by the pain suffered by the massive poverty and depression of the 1930s. Adolf Hitler criticized Wiemar's monetary policy during the Beer Hall Putsch, but when he became Fuhrer, he made it clear that his policy was to lead  record government spending.

   Gold is at best precautionary. You can use the gold to purchase back state issued money if the state feels that the currency is depreciating too rapidly. The same way a company may attempt to purchase back its own stocks.

  Purchasing back state money with gold is not a guarantee, but simply an option that the state may choose to exercise.