FDR’s Other ‘Day of Infamy’: When the US Government Seized All Citizens’ Gold
by Lawrence W. Reed Ninety years ago, Franklin Roosevelt told Americans they had less than a month to hand over their gold or face up to ten years in prison. ...
Read more.Today in History: Nixon Slams Shut the “Gold Window”
By: Mike Maharrey Today in history, on August 15, 1971, President Richard Nixon slammed shut the “gold window” and eliminated the last vestige of the gold standard. Nixon ordered Treasury ...
Read more.Why Do Central Bankers Oppose a Gold Standard?
By: Mike Gleason Federal Reserve Chair Jerome Powell’s testimony before Congress was closely scrutinized not just for its economic implications but also for its political overtones. Powell cited “trade tensions” ...
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