When the Banks Close

When the Banks Close

Beat the Reset di The Guy in the Hat
S1 · E10
26 gen 2023
15:24

Note sull'episodio

On March 6th 1933, the president of the US (FDR) signed proclamation 2039, thus forcing the banks to close for 3 days. What followed was a series of major monetary system changes, leading to the Gold Confiscation Act 1933 and the Gold Reserver Act 1934, which would see physical gold (and eventually silver) returned to the banks, whilst the value of the currency would collapse by 59%. Find out how the common man responded.

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nyse
gold confiscation
confiscation
1933
currency
the great depression
the federal reserve