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I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interests of monetary stability and in the best interests of the United States.
This resulted in the Treasury losing an alarmingly amount of gold reserves to other central banks who rightly sought real value in exchange for depreciated American greenbacks. By doing so, the U.
Without the discipline of hard money, central banks could, and did, create massive quantities of paper money and credit, which enriched the politically connected financial elites and the governments which they were aligned. Such power was used, in time, to control, spy on, and regulate the subject populations to a degree never seen before.
The power of the state has swelled mostly through bank credit expansion without worry of gold redemption. Hard money limits state power!
While it is painful to quote from an ardent opponent of sound money, the international bankster Baron Rothschild said it best when he described the relationship of money and power: The return of prosperity and individual liberty will only come about when these two heinous acts are eradicated.President Franklin Roosevelt called the unprovoked attack on Pearl Harbor a “date which will live in infamy,” in a famous address to the nation delivered 75 .
December 7, was, famously, “a date which will live in infamy.” President Franklin Delano Roosevelt proclaimed it so at a Joint Session of Congress the following day, referring to the. Jun 29, · Delivered Dec. 8, , one day after Pearl Harbor un-sneak attack.
President Franklin Roosevelt called the unprovoked attack on Pearl Harbor a “date which will live in infamy,” in a famous address to the nation delivered 75 years ago Wednesday after Japan’s.
President Franklin D. Roosevelt: Yesterday, December 7, —a date which will live in infamy—the United States of America was suddenly and deliberately .
Full Text of President Franklin Roosevelt's "Day of Infamy" Speech "Mr. Vice President, Mr. Speaker, Members of the Senate, and of the House of Representatives: Yesterday, December 7th, -- a date which will live in infamy -- the United States of America was suddenly and deliberately attacked by naval and air forces of the Empire of Japan.