By Thomas DiLorenzo
“The Gold Standard” was a category of questions on “Jeopardy”
last night.
The questions involved knowing what “fiat” money is, how
the gold standard stifles inflation, and FDR’s thieving confiscation of
privately-owned gold in the 1930s. (Citizens had to give up almost all
their gold to the government at about $21/ounce or face a $10,000 fine
and ten years in prison. The government then sold the gold for
$35/ounce for a tidy profit).
Posted by ΛΕΟΝΙΔΑΣ
No comments:
Post a Comment