The gold standard made inflation nearly impossible. Thus prices stayed the same long term.
"The World War I era and its aftermath, 1917–1920, then produced sustained inflation unmatched in the nation anytime since. Prices rose at an 18.5-percent annualized rate from December 1916 to June 1920, increasing more than 80 percent during that period."
[1] https://www.bls.gov/opub/mlr/2014/article/one-hundred-years-....
I'm not sure of what you are saying there, but it can be interpreted like war bonds is the cause of inflation.
It's exactly the opposite. At war, a government have to use all the available resources for the war effort. That will produce inflation, because the war spending is competing with the private spending for the same resources.
A way to avoid it, is for the government to retire money from the private sector. A way to retire money from the private sector is to sell war bonds to the population. If you buy a war bond, basically what you are doing is promising that you will not spend your money until after the end of the war. Normally you will get some interest for your patriotic sacrifice.
Also, for the gold standard fans out there, imagine what would happen if a government can not mobilize all the available resources of the country because it has not enough gold. That would be the most ridiculous way to loss a war.
I’d start by studying Bryan’s “Cross of Gold” speech to get some perspective away from people writing about their pet economic theories.
It’s an interesting period of history with many parallels to our current state of affairs.
What a useless response. Suggest instead how to check it out! What books should be looked up or terms googled?