>A lot of them were still in shock from the pre-war devaluation of the US dollar, where their parents' generation of private ownership of gold was first outlawe

>A lot of them were still in shock from the pre-war devaluation of the US dollar, where their parents' generation of private ownership of gold was first outlawed, confiscated and reimbursed at a "fair" price, before the devaluation could be accomplished Thanks for your write up, this part about gold is an important historical piece IMHO.