[IncPen]

So just put an arbitrary amount on the price of gold, huh? That’s smart. < s /

You'll recall that FDR called in all of the gold and set an arbitrary price of $35/ounce.

That worked out quite well. For the government.

Why the populace stood for it I'll never understand.

[DRey]

Why the populace stood for it I'll never understand.Exactly.

[cowtowney]

Small chance of that happening now
Global markets makes it preposterous