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
|