They didn't try to stick with the Gold standard. They secretly left it altogether, while robbing its value to anyome buying bonds. Post WWI, they tried to stop gold from leaving Britain, which had the effect of hastening it leaving :-)
You could say that they would have lost WWI without leaving the gold standard (other world governments followed suit by leaving the gold standard after Britain did) but imho the war would have ended sooner. Lyn Alden talks and writes about this quite a bit in her books and blog.
You could say that they would have lost WWI without leaving the gold standard (other world governments followed suit by leaving the gold standard after Britain did) but imho the war would have ended sooner. Lyn Alden talks and writes about this quite a bit in her books and blog.