Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Eddie01

Ironically we may be in better shape now for a gold standard than in 1973 as our money supply has not, IIRC, increased as fast as the price of gold. Assuming, of course, that there’s any gold remaining.

As for FDR, not only did he lawlessly seize the gold he immediately turned around and devalued the paper money he made people take for it ... FDR was a total scumbag.

Aside: the Constitution specifies the States cannot pay except in gold or silver coin ... we should hold them to that.


8 posted on 09/26/2020 11:37:04 AM PDT by Rurudyne (Standup Philosopher)
[ Post Reply | Private Reply | To 5 | View Replies ]


To: Rurudyne
Aside: the Constitution specifies the States cannot pay except in gold or silver coin ... we should hold them to that.

Go ahead and tell them they must pay you in gold or silver and see what happens.

28 posted on 09/26/2020 3:45:49 PM PDT by itsahoot (The ability to read auto correct is necessary to read my posts understanding them is another matter.)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson