[LarryLied]

The reason we went off the gold standard was to satisfy the interests of the Fed (which are privately owned banks by the way). They wanted to be able to water down the value of the dollar (it's worth 5% of what was worth in 1913)

That is not true. I saw a clip of Franklin Delano Roosevelt on the History channel a few months ago. He said we were going off the Gold Standard so an American dollar would continue to be worth a dollar.

:-)

[Deuce]

[FDR] said we were going off the Gold Standard so an American dollar would continue to be worth a dollar.

Yes, he had to confiscate our money in order to protect our money.

LOL