When FDR Took Americans’ Gold (with Sebastian Edwards)
Sebastian Edwards joins us today to discuss why we abandoned the gold standard. Edwards recently published American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold. On April 5, 1933, FDR ordered Americans to sell all their gold holdings to the government. This was followed by the abandonment of the gold standard and the devaluation of the dollar. American Default is the story of this forgotten chapter in America’s history. Further Readings Learn More about Sebastian Edwards Read the book American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold The Gold Standard Won’t Be Coming Back - Free Thoughts Podcast See acast.com/privacy for privacy and opt-out information.
