WelcomeUser Guide
ToSPrivacyCanary
DonateBugsLicense

©2025 Poal.co

872

I know why Nixon is unjustly hated, but I don't know if that's the reason for blaming him like the lie that is (((watergate))). But I can't find anything sufficient to explain why Nixon is blamed and not FDR. Gold Standard was effectively ended by FDR.

1933 - Citizens must turn in, can't own gold, gold certificates, federal reserve gold notes or w/e etc. 1971 - Nixon ends the fixed price of gold that cant' really be used because of the above.

If gold's price is fixed by the fed - be honest, it's them - then is there really a gold standard at all from 1933 to 1971? It all seems like smoke and mirrors, gold was stolen from everybody and abandonned in '33.

I know why Nixon is unjustly hated, but I don't know if that's the reason for blaming him like the lie that is (((watergate))). But I can't find anything sufficient to explain why Nixon is blamed and not FDR. Gold Standard was effectively ended by FDR. 1933 - Citizens must turn in, can't own gold, gold certificates, federal reserve gold notes or w/e etc. 1971 - Nixon ends the fixed price of gold that cant' really be used because of the above. If gold's price is fixed by the fed - be honest, it's them - then is there really a gold standard at all from 1933 to 1971? It all seems like smoke and mirrors, gold was stolen from everybody and abandonned in '33.

(post is archived)

[–] 1 pt

To expand on silver certificates. At one time, you could take all your greenbacks to the bank and they would pour you a silver bar to the dollar. This is how there's still large silver bars, of odd weights, still in private collections today. Stamped with names like The Bank of New York City. (Or something close to that.) Btw, thank Lincoln for the greenback. Up until 1964 American coins (intended for everyday circulation) were minted as 90% silver (10% copper was added to strengthen the silver.) There's so much more, but I don't have the time rn