1933 April 5 Gold Confiscation (Presidential Executive Order 6102)
Who: President Franklin D. Roosevelt
What: Illegally using wartime powers during a time of peace, President Roosevelt made it illegal for US citizens to posses more than $100 in gold. Requiring that all US citizens turn all gold in excess of $100 into the Federal Reserve in exchange for paper currency.
Where: USA
Why: Forced the use of paper currency and the dependency of US citizens on the Federal Reserve banking system.
Player: Franklin D. Roosevelt
Player: JP Morgan, co-founder of the Federal Reserve
