This insanity started much earlier than that. For one extreme example see executive order 6102 [1]. In 1933 FDR passed an executive order that made it a crimina

This insanity started much earlier than that. For one extreme example see executive order 6102 [1]. In 1933 FDR passed an executive order that made it a criminal act for Americans to possess any private gold coins, bullion, or certificated ownership. They were required to turn over all their gold to the government in exchange for about $400 per ounce in inflation adjusted prices. Refusing to do so was punishable by up to a $194,000 fine and ten years in prison. And this was topped off by the "gold reserve act" [2] passed the following year which let the government artificially set the price of gold. FDR chose a 75% increase. Makes modern executive orders look downright tame by comparison, and this is from a president that would go down extremely positively in history. [1] - https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102 [2] - https://en.wikipedia.org/wiki/Gold_Reserve_Act https://en.wikipedia.org/wiki/Gold_Reserve_Act