Britain should have delayed its return to the gold standard

Would Britain have been better off not returning to the gold standard after the First World War?

Yes; Britain should have waited longer because the policy was attractive in theory but destructive in practice.

The judgment is that Britain would have been better off delaying its postwar return to the gold standard. The policy's theoretical appeal did not prevent damaging practical effects. The exchange is concise, so it points to the economic judgment without offering a full account of the mechanism or consequences.