Ranging from medieval times when gold was the only currency, to modern times until the currency was pegged against the gold standard, how good/bad was the economy?
Was there any inflation? If so, how did it occur without artificial manipulation of the economy.
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>how good/bad was the economy?
Not really answerable. There were good periods and bad periods, just like today. The economy was more volatile, but that can’t be directly tied to the gold standard entirely.
>Was there any inflation?
Yes. Inflation happens in every economy, regardless of what monetary system it uses.
>If so, how did it occur without artificial manipulation of the economy.
Inflation is a natural thing in expanding economies. If demand for a good or service increases faster than the supply of that good or service can increase (as typically happens when populations grow) prices will rise as a result. This is known as demand-pull inflation.
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