2 ms·
Why blame the right? FDR changed the gold peg from $20/ounce to $35, thereby devaluing the dollar. That wasn't ongoing like a hyperinflation would be, but it'
by AnimalMuppet 1mo ago
Why blame the right? FDR changed the gold peg from $20/ounce to $35, thereby devaluing the dollar. That wasn't ongoing like a hyperinflation would be, but it's still the same effect. And nobody serious accuses FDR of being part of "the right".