IPFS News Link • Precious Metals
Gold, Money, and the Parable of the Three Little Pigs
• lewrockwell.comOnce upon a
time – and for a very long time – Americans lived in a solid
gold monetary system. They owned gold and used it for money. The
dollar was literally as good as gold. It was a monetary system so
solid that it was like a house of bricks. And then, in 1933, the
state decided it wanted all that gold for itself, and it demanded
all the gold bricks from the monetary house. It even threatened
the people with 10 years in jail if they didn't turn over all the
gold, brick by brick.
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