Comments
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ydRe-watching this is awesome. I'd love a quick hyperlink to the original interview in its entirety.
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BCMr. White's knowledge of Roosevelt's and the Supreme Court's stripping of gold contracts out of the US monetary system is woefully delusional. This occurred through the Executive order #6102 in 1933 (not 1932 as stated). He seems to think this was a good and wise thing for the judges to rule for. In fact it was a violation of contract law which he later states is a worthy principle of the US System. He doesn't seem to see the relationship. Not surprised as he is a central banker. I would recommend Mr. White read Justice Jame McReynold's scathing condemnation of this ruling in his dissenting opinion made after this ruling in 1933. It's a worthy education.