The Gold Reserve Act of 1934 struck the requirement for redemption in gold of Federal Reserve Notes. Opening the door for unlimited inflation and depreciation of the currency.
- Advertisement -
Related Topics
“Usurpation” and “Tyranny”
"Usurpation"“Usurpation” – the exercise of some otherwise legitimate governmental power as to which the particular actor actor enjoys no legal claim.Source: John Locke, Two Treatises of Government,...
“Gun Control”
"Gun Control"In the pre-constitutional period, had the term been current, “gun control” would have meant, not keeping firearms and ammunition away from as many...
“Emergency Powers”
"Emergency Powers"The real "emergency" that confronts Americans is the lust of aspiring and conspiring usurpers and tyrants for power WE THE PEOPLE have withheld...