Gold Reserve Act of 1935

GPTKB entity

Statements (58)
Predicate Object
gptkbp:instance_of gptkb:United_States_federal_law
gptkbp:bfsLayer 5
gptkbp:bfsParent gptkb:Gold_Reserve_Act
gptkbp:allows gold exports
private ownership of gold coins and bullion
gptkbp:amended_by gptkb:Gold_Reserve_Act_of_1934
gptkbp:applies_to individuals and businesses
gptkbp:created Gold Reserve Fund
gptkbp:depicted_in a government overreach
a necessary measure at the time
gptkbp:effective_date January 30, 1934
gptkbp:enacted_by gptkb:legislation
gptkbp:enforces gptkb:U._S._Treasury_Department
gptkbp:established Federal Reserve's control over gold
gptkbp:historical_debate gptkb:legislation
https://www.w3.org/2000/01/rdf-schema#label Gold Reserve Act of 1935
gptkbp:impact eliminated the gold standard
gptkbp:increased government's ability to manage the economy
government's monetary policy flexibility
gptkbp:influenced monetary policy in the U. S.
gptkbp:influenced_by New Deal policies
international economic conditions
gptkbp:is_affected_by banking system in the U. S.
gptkbp:is_aimed_at stabilizing the banking system
preventing hoarding of gold
gptkbp:is_considered a radical change in policy
gptkbp:is_criticized_for restricting personal freedoms
among economists and politicians
its impact on individual rights
gptkbp:is_designed_to restore public confidence in the economy
gptkbp:is_implemented_in during the Great Depression
combat deflation
gptkbp:is_opposed_by some members of Congress
gold advocates
gptkbp:is_part_of economic recovery efforts
the New Deal legislation
the broader New Deal agenda
U. S. monetary reform efforts
the U. S. response to the financial crisis
the U. S. government's response to the Great Depression
gptkbp:is_related_to currency devaluation
gptkbp:is_supported_by gptkb:the_Roosevelt_administration
some business leaders
gptkbp:led_to legal challenges in courts
devaluation of the U. S. dollar
gptkbp:legislation changed the monetary system
reshaped U. S. monetary policy.
to control gold supply
gptkbp:passes_through the context of economic crisis
to stabilize the economy
regulate gold ownership
gptkbp:purpose to nationalize gold holdings
gptkbp:related_to gptkb:Great_Depression
gptkbp:repealed_by gptkb:Gold_Reserve_Act_of_1974
gptkbp:replaced_by gptkb:Gold_Standard_Act_of_1900
gptkbp:requires surrender of gold to the government
gptkbp:resulted_in increased government gold reserves
gptkbp:signed_by gptkb:Franklin_D._Roosevelt