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1944 Gold Coin Treasury Memorandum (& other cool stuff)
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<p>[QUOTE="GoldFinger1969, post: 26762369, member: 73489"]Gold was the means -- or was BELIEVED to be the means -- by which you increase the money supply.</p><p><br /></p><p><b>If people hoarded gold...the money supply shrank. That's why hoarding was such a problem overseas and what FDR was trying to nip in the bud.</b></p><p><br /></p><p>Lots of new stuff in the last 30 years about French hoarding and the French Central Bank being more responsible for The Great Depression; I may have posted some of the articles and research. </p><p><br /></p><p>Barry Eichengreen's<span style="color: #ff8000"><b> GOLDEN FETTERS</b></span> book is outstanding. Former Fed Chairman Ben Bernanke has some research pieces out there, too. If you want to read this stuff, Google a few of the topics and they should all pop up.I read <b><span style="color: #ff0000">AMERICAN DEFAULT </span></b>a few years ago, not sure I posted my review and thoughts on it. Another book, this one detailing the Supreme Court's decisions in the 4 key cases you reference.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26762369, member: 73489"]Gold was the means -- or was BELIEVED to be the means -- by which you increase the money supply. [B]If people hoarded gold...the money supply shrank. That's why hoarding was such a problem overseas and what FDR was trying to nip in the bud.[/B] Lots of new stuff in the last 30 years about French hoarding and the French Central Bank being more responsible for The Great Depression; I may have posted some of the articles and research. Barry Eichengreen's[COLOR=#ff8000][B] GOLDEN FETTERS[/B][/COLOR] book is outstanding. Former Fed Chairman Ben Bernanke has some research pieces out there, too. If you want to read this stuff, Google a few of the topics and they should all pop up.I read [B][COLOR=#ff0000]AMERICAN DEFAULT [/COLOR][/B]a few years ago, not sure I posted my review and thoughts on it. Another book, this one detailing the Supreme Court's decisions in the 4 key cases you reference.[/QUOTE]
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