Vincent Tie

Posted by Vincent Tie on 11 May 2023

Lawrence Reed - Gold Confiscation: FDR's Other 'Day of Infamy'

SBTV spoke with Lawrence Reed, President Emeritus of the Foundation for Economic Education (FEE), about Franklin Roosevelt's other 'Day of Infamy' - the 1933 expropriation of all gold in America. We also asked Lawrence how likely the US government will enact such a gold confiscation decree again.

Discussed in this interview:
01:35 FDR's 1933 gold confiscation
06:25 Roosevelt reneging on gold contracts
08:41 No Gold Standard?
11:57 As good as gold
14:24 A dangerous precedence?
19:04 A modern gold confiscation coming?
22:43 Currency debauchment
27:23 The real criminal



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