IV. Why Silver?

“This is the end of Western civilization.” ~ Lewis Douglas (U.S. Budget Director), remark to James P. Warburg after  President Roosevelt announced that the U.S. was going off the gold standard, April 18, 1933 Lewis Douglas was wrong, of course. The end of Western civilization had already come 60 years earlier, when the United States…

“This is the end of Western civilization.” ~ Lewis Douglas (U.S. Budget Director), remark to James P. Warburg after  President Roosevelt announced that the U.S. was going off the gold standard, April 18, 1933 Lewis Douglas was wrong, of course. The end of Western civilization had already come 60 years earlier, when the United States…

“This is the end of Western civilization.” ~ Lewis Douglas (U.S. Budget Director), remark to James P. Warburg after  President Roosevelt announced that the U.S. was going off the gold standard, April 18, 1933 Lewis Douglas was wrong, of course. The end of Western civilization had already come 60 years earlier, when the United States…

“This is the end of Western civilization.” ~ Lewis Douglas (U.S. Budget Director), remark to James P. Warburg after  President Roosevelt announced that the U.S. was going off the gold standard, April 18, 1933 Lewis Douglas was wrong, of course. The end of Western civilization had already come 60 years earlier, when the United States…

“This is the end of Western civilization.” ~ Lewis Douglas (U.S. Budget Director), remark to James P. Warburg after  President Roosevelt announced that the U.S. was going off the gold standard, April 18, 1933 Lewis Douglas was wrong, of course. The end of Western civilization had already come 60 years earlier, when the United States…

“This is the end of Western civilization.” ~ Lewis Douglas (U.S. Budget Director), remark to James P. Warburg after  President Roosevelt announced that the U.S. was going off the gold standard, April 18, 1933 Lewis Douglas was wrong, of course. The end of Western civilization had already come 60 years earlier, when the United States…