Just got finished reading this, as I’d heard it was some time traveler book that seemed to foretell what we were about to see very shortly.
No. It’s basically a doomer story of how, just prior to 1900, after a populist president is elected and does away with usury and returns us to the gold/silver standard, our country erupts into chaos, collapses, and divides back into 50 states as a last resort.
So…any reason people here keep touting this thing?
We go back to sound money and Fedgov is eliminated?
Sounds like a feel-good story to me.
No that’s what the people thought silver would be in the book. It’s precisely the cause of the economic collapse that results in the dissolution of the Republic. Everyone was happy on day one, and a few months later the silver is worthless somehow and everything goes to shit. The socialists win.
Wow, that shows how much of a dated period piece that book is. The book is clearly written from a anti-Free Silverite point of view, because it adopts every single flawed argument about muh inflation and muh economic disaster.
We don’t need our money to be gold or silver. Just would be wise to have it pegged to it. Cash is just fine. See Money Masters. The Greenbacks worked great. Then Lincoln was shot.