It sounds like you're saying that the gold standard is a desirable thing. Is that correct?

The gold standard failed multiple times during the 19th and 20th centuries, with countries dropping it because it was too constrained and then returning to it. As they didn't have enough gold, they then began to debase their currencies.

Keep in mind that, in 1934, FDR debased the US dollar's exchange rate with gold from $20.67/oz. to $35/oz after removing gold from circulation and forbidding US citizens from owning gold (other than things like wedding rings and coins).

It was in 1971 that the US finally abandoned the gold standard because they couldn't debase it any further.

Here in Australia, our dollar was pegged to the British pound, then the US dollar, then a basket of currencies called the Trade Weighted Index (TWI). In 1983, the capital flows were too large for a fixed exchange rate regime to cope with, so they floated the currency.

You may be interested in reading the analogy I wrote in this post about what central bankers don't know about macroeconomics.