just straight up told citizens to turn it in at $20 an ounce or face fines and jail time.
they were broke and needed the reserves so they just took it
then after they collected it all they revalued it to $35. robbed you at gunpoint and marked it up 75% the next day
people act like government overreach is a new thing.
they confiscated the hardest asset on the planet from their own citizens because the balance sheet was underwater. this isn’t even ancient history that’s less than 100 years ago.
and somehow people still think keeping everything in a bank account under their name is safe.