from The Daily Economist
Ever since the Federal government took the U.S. off he gold standard in 1971, political and financial agencies have tried their best to program the American people to believe that gold has no monetary value. This of course was done to ensure trust and confidence in the fiat Federal Reserve Note, and to propagate the illusion that debt was money, which allowed for a continued expansion of both the currency and government spending.
But an interesting court ruling last month in Ohio may be changing society’s belief in gold as a Federal judge ruled that rents tied to gold clauses are now once again legal after nearly 80 years of being deemed null and void following the confiscation of gold in 1933.