The Greatest Bank Robbery in History
Turning Points of the Modern World
No se pudo agregar al carrito
Add to Cart failed.
Error al Agregar a Lista de Deseos.
Error al eliminar de la lista de deseos.
Error al añadir a tu biblioteca
Error al seguir el podcast
Error al dejar de seguir el podcast
Obtén 30 días de Standard gratis
¿Miembros Prime? ¿Nuevo en Audible? Recibes una prueba de 2 meses en su lugar.
The Greatest Bank Robbery in History
Compra ahora por $4.99
-
Narrado por:
-
Virtual Voice
-
De:
-
Kwabena OWUSU
Este título utiliza narración de voz virtual
Discover the untold story of the most audacious financial restructuring in American history in The Greatest Bank Robbery in History: Turning Points of the Modern World.
In the winter of 1933, the United States stood at a breaking point. With one in four workers unemployed and the banking system collapsing under the weight of bank runs and panic, the newly inaugurated Franklin D. Roosevelt took a step that would have been unthinkable just months prior. This book deconstructs the events of the national bank holiday and the subsequent issuance of Executive Order 6102, which required all citizens to surrender their gold coins, bullion, and gold certificates to the government.
Readers will explore the logistical and legal drama of the gold confiscation, as hundreds of tons of private wealth were transferred into government vaults. The narrative follows the construction of the legendary Fort Knox depository and analyzes the Gold Reserve Act of 1934, which officially devalued the dollar. Learn how this dollar devaluation from $20.67 to $35 per ounce allowed the government to capture billions in profit, effectively ending the gold standard for private citizens and paving the way for a fiat money system.
From the intense legal challenges in the Supreme Court to the eventual creation of the Bretton Woods system, this book offers a politically neutral, step-by-step account of how monetary power was centralized in Washington. The Greatest Bank Robbery in History is an essential guide for anyone interested in economic history, the limits of government authority, and the evolution of the money in our pockets today.