The First Gold Commission

Originally posted Tuesday, September 18, 2012 Share “(Lewis) Lehrman had in mind a traditional gold standard, restoring dollar convertibility into gold, although he also proposed changing Federal Reserve institutional arrangements, prohibiting open market...

FDR Confiscates The Gold

Originally posted on Thursday, September 13th, 2012 A particularly notorious part of FDR’s efforts to find a way to lift the Depression was an executive order requiring all, with very narrow limitations, under threat of prosecution, to turn in their gold...

Making Money by Making Money

Originally posted Saturday, September 08, 2012 Share “For currency printers, like undertakers and journalists, upheaval and tumult are good for business.” — The New York Times Hardly any thought is given to the business of printing currency … a...