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<p>[QUOTE=&quot;fatima, post: 1592574, member: 22143&quot;]The currency was not under stress in 1933 because it was gold and silver based.&nbsp; The reason the government at that time, made gold ownership illegal was because once they forced the people onto fiat, it then gave the government the power to intervene in the economy.&nbsp; i.e. They could now devalue the currency (at any time) and use the proceeds to fund vast expansions of government programs and fight wars.&nbsp;&nbsp; </p><p><br /></p><p>The very first thing FDR did when the gold was seized was to devalue the currency, by $ printing, so that gold went from $20/ounce to $35/ounce.&nbsp; It was a huge transfer of wealth from the people to the federal government.&nbsp; FDR used this money to fund his depression era agenda.&nbsp;&nbsp; They have been doing this ever since.&nbsp;&nbsp; </p><p><br /></p><p>-----------</p><p><br /></p><p>Now that we are at the other end of the fiat lifetime, the question becomes what happens to gold &amp; silver when fiat goes belly up.[/QUOTE]</p><p><br /></p>

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