Franklin Roosevelt’s Executive Order 1933: All persons are required to deliver all gold coin, gold bullion, and gold certificates to the Federal Reserve Bank. Criminal penalties for violation: $10,000 fine or 10 years imprisonment, or both.
Federal Reserve
Milton Friedman Quotation: “Only government can take perfectly good paper, cover it with perfectly good ink, and make the combination worthless.”
Milton Friedman Ink & Paper
The Octopus ‘Coming Money Trust’ Political Illustration by Alfred Owen Crozier. The Aldrich Plan, U.S. Treasury, U.S. Congress and Senate, the Executive, the National Reserve Association, Wall Street / the N.Y. Stock Exchange, Banking, Factories & Farms, all entangled and intertwined.
Fed Octopus
Chart shows the purchasing power of the US Dollar over time. Purchasing power has decreased due in part to inflation and Federal Reserve money printing.
U.S. Dollar Purchasing Power
Federal Reserve Notes Monopoly Money
Federal Reserve Notes Monopoly Money
Source: USInflationCalculator.com
