The Golden Reckoning
The Golden Reckoning: Then and Now
In 1933, the U.S. government issued Executive Order 6102, forcing citizens to surrender their gold under the pretext of economic stability—only to devalue the dollar immediately after, enriching the state at the expense of the people. Businessmen like Jim Calloway had to choose: comply and watch their wealth erode or resist and risk imprisonment.
Fast forward to today, and history echoes. Governments inflate fiat currencies while discouraging alternatives like Bitcoin and self-custody. Central banks push for CBDCs (Central Bank Digital Currencies), offering “convenience” while tightening financial control. Much like in 1933, those who hold their wealth outside the system—whether in gold, crypto, or hard assets—are branded as threats.
The lesson remains: When the state controls money, it controls you. Those who don’t learn from history will watch their purchasing power dissolve—again.
