Loading ...A day that will live in infamy!
We shall seek to establish and maintain a dollar which will not change its purchasing and debt paying power during the succeeding generation.
Because of conditions in this country and because of events beyond our control in other parts of the world, it becomes increasingly important to develop and apply the further measures which may be necessary from time to time to control the gold value of our own dollar at home.
Our dollar is now altogether too greatly influenced by the accidents of international trade, by the internal policies of other nations and by political disturbance in other continents. Therefore the United States must take firmly in its own hands the control of the gold value of our dollar. This is necessary in order to prevent dollar disturbances from swinging us away from our ultimate goal, namely, the continued recovery of our commodity prices.
As a further effective means to this end, I am going to establish a Government market for gold in the United States. Therefore, under the clearly defined authority of existing law, I am authorizing the Reconstruction Finance Corporation to buy gold newly mined in the United States at prices to be determined from time to time after consultation with the Secretary of the Treasury and the President. Whenever necessary to the end in view, we shall also buy or sell gold in the world market.
My aim in taking this step is to establish and maintain continuous control. This is a policy and not an expedient. It is not to be used merely to offset a temporary fall in prices. We are thus continuing to move towards a managed currency.
You will recall the dire predictions made last spring by those who did not agree with our common policies of raising prices by direct means. What actually happened stood out in sharp contrast with those predictions. Government credit is high, prices have risen in part. Doubtless prophets of evil still exist in our midst. But Government credit will be maintained and a sound currency will accompany a rise in the American commodity price level… A FDR speech excerpt October 22 1933
We are their stock, we are the collateral backing the debt based ponzi scheme. Our birth certificates are stock certs, the human capital modern slave system under everyone’s noses. They create a CORPoration with your “strawman” created as a dead (corpse) entity. The USA was incorporated too in the 1800’s! It’s such a scam…Chase those rabbit holes sometime to understand the system at a more diabolical level.