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Old September 29, 2018, 13:02   #1
rowjimmy
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Order 6102 doomed America...

https://www.zerohedge.com/news/2018-...doomed-america


"It came to the Supremes in a series of disputes called the “gold clause” cases. “Where in the Constitution did the president get that power?” people wondered.

Back then, some investors recalled that the feds can play fast and loose with the dollar, as Lincoln had during the War Between the States.

Gold clauses in contracts protected them by insisting on gold as a means of settling up. Eliminating the gold clause meant taking away the ability to protect against inflation... and substantially altering the terms of the deal."
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Old September 30, 2018, 19:33   #2
brunop
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Killed your own thread.

it's an interesting historical event. I wonder if we're ever going to get the whole story.



Edit to add:

Jonathan just asked me why I'm revitalizing this thing if it's "already dead".


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Old September 30, 2018, 20:57   #3
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https://www.youtube.com/watch?v=V8lT1o0sDwI

Nothing is over . . .

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Old October 04, 2018, 19:44   #4
rowjimmy
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Quote:
Originally Posted by brunop View Post
Killed your own thread.
....
This is not without precedent on my part....
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