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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.

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[–] • 5 pts

Good discussions... I know I'll be chided for being pedantic, but consider that silver certificates were nothing more than derivatives. They were presumably backed by silver. Today, they are derivatives of derivatives and the derivatives have zero assets. We could go all the back to 1913 when the federal reserve was created. I'm sure this was all planned.

[–] • 3 pts

derivatives of derivatives of derivatives of derivatives

It's so disgusting.

[–] • 0 pt

Yes and at the end is a big turd.

[–] • 2 pts

"Gold is money. Everything else is credit." -- J.P. Morgan