first majestic silver

Lawrence W. Reed

Lawrence W. Reed is FEE's President Emeritus, Humphreys Family Senior Fellow, and Ron Manners Global Ambassador for Liberty, having served for nearly 11 years as FEE’s president (2008-2019). He is author of the 2020 book, Was Jesus a Socialist? as well as Real Heroes: Incredible True Stories of Courage, Character, and Conviction and Excuse Me, Professor: Challenging the Myths of Progressivism. Follow on LinkedIn and Parler and Like his public figure page on Facebook. His website is www.lawrencewreed.com.

Lawrence W. Reed Articles

How long will the world keep buying U.S. bonds, notes, and bills, or use the dollar as a reserve currency, if Washington is bent on fiscal self-destruction?
History records countless examples of currency debasement, i.e., the steady reduction in a money’s precious metal content or “backing” (principally gold or silver), followed in modern times by the introduction of fiat (unbacked) paper...
From the center of the continental United States to the middle of Australia is 9,241 miles. It’s a little further from London to Sydney—about 10,572 miles. But in economic matters—the laws of economics being both immutable and universal—...
Winston Churchill’s résumé was remarkable enough to earn him the title of Renaissance Man. Sandhurst-educated soldier, journalist, painter, historian, world traveler, Nobel laureate, member of Parliament, President of the Board of Trade,...
December 7, 1941 will forever be remembered as, in the words of Franklin Delano Roosevelt, “a date that will live in infamy.” Another infamous date is April 5, 1933—the day that FDR ordered the seizure of the private gold holdings of the...
Early this month, Congressman Alex Mooney of West Virginia introduced the Gold Standard Restoration Act (H.R. 9157). If enacted into law, it would require public disclosure of the federal government’s gold holdings and eventually define...
“Even the tyrant never rules by force alone,” wrote G. K. Chesterton, “but mostly by fairy tales.” Alexander Lukashenko meets Chesterton’s description perfectly. Since 1994, he has kept himself in power as President of Belarus by stealing...
Architect of a school of economic thought regarded by many as just a notch above quackery, John Maynard Keynes of Britain once called the gold standard a “barbarous relic.” An honest and time-honored medium of exchange such as gold (or...
According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job it’s doing.
Historically, the connection between gold and liberty is a potent one. Indeed, it is no exaggeration to assert—if you will pardon the pun—that they are two sides of the same coin. Australia in the 1850s provides a sterling example.

In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.

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