Quote:
Originally Posted by chupachups
1933 Was the securities act or?
|
I dont know what you call it in english. But im speaking about The Gold Confiscation in 1933 where Roosevelt orded the people to turn in the gold to the federal reserve. And in exchange they got a stack of worthless papers. Well - wasent 100% worthless at that time, that was only later when they removed the legal tender.