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This Object Was Illegal to Own Until 1974 #gold #economy
18 days ago
7
#gold #economy #ban #wealth Executive Order 6102 made it illegal for U.S. citizens to own gold bullion, aiming to combat the Great Depression. The ban was lifted in 1974, restoring private ownership after decades of restriction.
https://www.federalreservehistory.org/essays/gold-reserve-act-of-1934
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