A big difference between today and 1933 is a deep sense of nationalism. Folks coughed up their gold then because they believed in the US more than they do today. I suspect they didn't realize what the bankers were doing to them. They certainly couldn't have seen the repeg coming in '34 (which was a masterful, though incredibly insidious, stroke).
Today most who hold gold don't trust US Inc. If they were told that it's illegal to own precious metals, then they'd accept it as an effort to steal and consider the state their enemy. Some would turn it in, most would stash it.
It would be nice for a reliable gold-backed token to show up. But it has to be stored somewhere, which leads back to centralization and possible confiscation. Crypto sure is helping though. It would be nice if all governments could be marginalized, but it's hard to marginalize force.
You are viewing a single comment's thread from:
Yeah, that's a great point. I wonder sometimes how much things like Watergate impacted the perspective of the average American and their trust in government. Prior to that, it seems people just blindly trusted.
I wonder how many would stash it and face the consequences. Sometimes people just want the path of least resistance. With the surveillance state the way it is, getting away with something secretly would be much more difficult today.
It is indeed. Hopefully those who are the enforcers of the state but also fathers, sons, neighbors, brothers, and sisters will wake up to the indoctrination they've been in and simply refuse to enforce the will of a very small group of people. Hopefully more people will learn non-violent communication and strive for peaceful, win-win solutions.
Thanks again for your comment.