The New Deal and the Demise of the Gold Standard

In 19 33, a roosevelt outlawed the possession and hoarding of gold in the united states. That was done with executive order 61 o two and a from that point forward, folks that had large gold holdings were very much believers in the gold standard. So they recruited smedley butler to lead what they called a 500 thousand a purs veteran army of super soldiers to seize on d c and to either capture or kill franklin delenor roosevelt. And congress said, oh, really? This sounds pretty insane.