Franklin Roosevelt and the New Deal Explained — Fexingo History
In 1933, President Franklin D. Roosevelt took the United States off the gold standard and signed the Gold Reserve Act, effectively nationalizing gold and devaluing the dollar. This episode of the Fexingo History podcast explores the high-stakes fight between FDR and conservative 'gold bugs' in Congress and the Supreme Court, the role of key figures like Lewis Douglas and James Warburg, and the legal battles in the Gold Clause Cases that tested the New Deal's constitutional limits. We also look at how the devaluation aimed to combat deflation and stimulate exports during the Great Depression. Join Lucas and Luna for a deep dive into one of FDR's most controversial economic moves. #FDR #NewDeal #GreatDepression #GoldReserveAct #GoldStandard #GoldClauseCases #SupremeCourt #LewisDouglas #JamesWarburg #ThomasCorcoran #HenryMorgenthau #MonetaryPolicy #Devaluation #FiresideChat #1933BankingCrisis #EmergencyBankingAct #USHistory #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]
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