FDR’s Tyrannical Gold Confiscation
Sometimes people say, “I guess we’ll just have to have a major economic or monetary crisis to wake people up and cause them to want a sound monetary system.” There is one big problem with that refrain, however: A crisis or emergency oftentimes induces people to move...
Ignoring the Constitution
Constitutional violations have become so commonplace in American life that when they occur, the reaction among many Americans is ho-hum. There are two classic examples of this phenomenon: the declaration of war requirement and gold and silver as legal tender. Article...
Freedom and Prosperity: The Importance of Sound Money
Sound money is a key to a free and prosperous society. That principle was clearly reflected in the monetary system that the Constitution established when it called the federal government into existence. Our ancestors didn’t trust government officials with power. They...