With FDRs destruction of the constitution it would have been doing Americans a service. The new deal delayed the recovery from the great depression and set America on course to the welfare state we have today. Sending his goons door to door confiscating gold. Forcibly locking American citizens of Japanese descent into internment camps. He is FAR from the hero your liberal teachers made him out to be.
With FDRs destruction of the constitution it would have been doing Americans a service. The new deal delayed the recovery from the great depression and set America on course to the welfare state we have today. Sending his goons door to door confiscating gold. Forcibly locking American citizens of Japanese descent into internment camps. He is FAR from the hero your liberal teachers made him out to be.
Not questioning you in a negative way, but since FDR confiscated the gold, how are we able to buy gold today?
By what method is gold very first obtained? Also, the US is one of many countries with a market for gold.
As for the emergency banking act section that "allowed" them to confiscate and ban private gold ownership, the US government ended that in 1970.
For an interesting read on the subject: https://mises.org/library/great-gold-robbery-1933
Do you mean prospecting, using a strainer in a shallow river, or mining?
I'm surprised they ended it at all. Usually the government never gives up a power/authority it gives itself.