#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

8416.334 - 8442.141 Jennifer Burns

we don't want these dollars, we'd like some gold instead. And they have the right to go to the treasury, send in an order and get gold out. And so they start doing this more and more and it becomes, it's called the gold drain and the United States starts running out of gold. They're aware this is happening through the 60s, they're trying various things to fix it. And when Nixon comes into office,