Interesting? Would they do it again?
In Australia part IV of the Banking act 1959 allows the government to seize private citizens' gold in return for paper money where the Governor-General "is satisfied that it is expedient so to do, for the protection of the currency or of the public credit of the Commonwealth.[13]" As of January 30 1976, this part's operation is "suspended". [14]
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Interesting? Would they do it again?In Australia part IV of the...
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