FDR Wasn’t the Only One Who Declared War on Gold to Save Paper Money

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2/23/2022Updated: 2/23/2022

Commentary

Desperate times call for desperate measures. Or tyrannical men do tyrannical things when it comes to propping up paper money whose value is circling the drain.

Mises Institute

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The Mises Institute, founded in 1982, promotes teaching and research in the Austrian school of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. We seek a radical shift in the intellectual climate, away from statism and toward a private property order.

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