Fixing FDR’s Biggest Blunder: From Gold Standard to Fiat Folly and Back

Fixing FDR’s Biggest Blunder: From Gold Standard to Fiat Folly and Back

Mises Institute

On this day ninety-one years ago President Franklin D. Roosevelt via executive order seized gold legally held by Americans, criminalizing the use of sound money. Our economy and our nation has never recovered from this a…

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