314
you are viewing a single comment's thread
view the rest of the comments
[-] BakerBagel@midwest.social 3 points 6 days ago

Only officially. The US effectivly dropped the gold standard in 1933 because it was making the Great Depression worse. Money was completely stagnant, and the federal worl projects FDR championed to get the economy moving again couldn't be funded when the government couldn't get access to more gold.

this post was submitted on 15 May 2025
314 points (89.8% liked)

Greentext

6193 readers
746 users here now

This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.

Be warned:

If you find yourself getting angry (or god forbid, agreeing) with something Anon has said, you might be doing it wrong.

founded 2 years ago
MODERATORS