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jan 1, 1935 - FDR’s Order

Description:

FDR ordered all gold coins and gold certificates worth more than 100$ to be turned in for other money. The New York Times reported that the dollar plunged 11.5% against the European gold-based currencies, while inflationary expectations made stocks rise.

Added to timeline:

Date:

jan 1, 1935
Now
~ 90 years ago