Understanding Roosevelt's 1933 Gold Confiscation, Government Power & Individual Compliance

[searcher]

Understanding Roosevelt's 1933 Gold Confiscation​

In this episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the topic of Franklin D. Roosevelt's gold confiscation during the Great Depression, framed within a broader discussion of government power and individual compliance.

Personal Anecdotes and Government Compliance​

Maharrey begins by relating his own childhood obedience to his mother's rules, using this personal anecdote as a metaphor for how people generally comply with government mandates, whether out of respect, fear, or a desire to please. He asserts that, much like his mother's hypothetical threats, the government's power is often more implied than real, due to their limited capacity to enforce laws against a non-compliant populace.

Read the rest here:

Understanding Roosevelt's 1933 Gold Confiscation

Mike Maharrey delves into the topic of Franklin D. Roosevelt's gold confiscation during the Great Depression, framed within a broader discussion of government power and individual compliance.

www.moneymetals.com

 

[Goldhedge]

I got through 9 minutes and drifted away.

Why?

Because he doesn't explain the reason Roosevelt 'confiscated' the gold in 1933. It was collateral for the $80M the fledgling Federal Reserve loaned to the US Government.

In 1913 there was a "Sunshine Clause" in the Act allowed the government repaid that loan in 20 years the Federal Reserve would have ceased to exist. 1913-1933 = 20 years.

The evil bankers knew this and juiced the money supply during the Roaring 20's when money was plentiful and people were ignorant. In 1929 they called loans due and people sold stocks to pay their margin calls.

The rest is history.

 

[Joe King]

In 1929 they called loans due and people sold stocks to pay their margin calls.

And the gov used it to declare an emergency that led to unConstitutional rule that we still live under today.

 

[nickndfl]

Nobody will comply this time. The USG lost all credibility years ago.

 

[Joe King]

Nobody will comply this time. The USG lost all credibility years ago.

You'll be surprised. 2/3rds of the people will always eat gov slop like the pigs they are.

 

[Joe King]

Nobody will comply this time. The USG lost all credibility years ago.

People have been complying and sucking gov teat for damn near a Century now. Hardly anyone alive knows anything else, and thinks it's normal.
(Wanted to add an after thought to my previous reply, but couldn't)

 

[searcher]

Did FDR Really Confiscate Everybody's Gold?

President Franklin D. Roosevelt did try to take most of the gold out of the public's hands. But the scheme didn't go quite as well as many people claim.

goldseek.com

 

[Joe King]

Doesn't matter if it all got collected or not. He cheated and changed the rules to cover up the govs mismanagement of the People's money. He shoulda let the gov take the lumps it had earned.

 

[Joe King]

Simply put, FDR was a thief and a traitor to the Constitution. So was Wilson.