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Master Jack's avatar

I am having a difficult time reconciling FDR's gold confiscation with individual liberty. The confiscation of gold at $20.67 and then revaluing it at $35 after confiscation seems like outright theft from The People to the Federal Reserve to me. How did that help The People?

Martin Bassani's avatar

Matt, very nice, as usual. Just one thing, you've erroneously associated Tito with Czechoslovakia. Tito was in charge of Yugoslavia, which was a member of non-aligned movement. Czechoslovakia was firmly in the Soviet orbit.

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