3 ms·
>I’m not sure an economist (a mainstream economist) would really care that much about an individual holding gold. Roosevelt seemed to care quite a bit: https:/
by bondarchuk 3y ago
>I’m not sure an economist (a mainstream economist) would really care that much about an individual holding gold.
Roosevelt seemed to care quite a bit: https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102
Apparently this lasted until 1974 (not sure about the details though, I always hear about the executive order in 1933 but never about the impossibility of owning gold between 1933 and 1974 - but that's what the articles seem to say) so a lot of mainstream economists have at least implicitly agreed.
https://www.nytimes.com/1974/08/15/archives/bill-signed-to-allow-owning-gold-in-us-gold-ownership-in-u-s.html https://www.nytimes.com/1974/08/15/archives/bill-signed-to-a...