5 ms·
I'd be interested to read what op-eds in contemporary news papers said about this subject. My initial thought is that this move would be seen as deeply unpopul
by mywittyname 5y ago
I'd be interested to read what op-eds in contemporary news papers said about this subject.
My initial thought is that this move would be seen as deeply unpopular, but clearly it wasn't. This seems to be the first step in moving from gold-backed currency, and that process took about 40 years. Which means that this policy was not only popular, but broadly seen as necessary by five subsequent presidential administrations.
I cannot imagine any sort of project taking 40 years of bipartisan collaboration succeeding in today's climate.