--- title: "Meaning & Key Takeaway of: When the U.S. government stops wasting…" description: "\"When the U.S. government stops wasting our resources by trying to maintain the price of gold, its price will sink to...$6 an ounce rather than the curr..." image: "https://sms4smile.com/quotes/i/118/henry-s-reuss-242394_currents_when-the-u-s-government-stops-wasting-ou_854599.png" --- # When the U.S. government stops wasting our resources by… ![“When the U.S. government stops wasting our resources by trying to maintain the price of gold, its price will sink to...$6 an ounce rather than the current $35 an ounce.” quote by Henry S. Reuss](https://sms4smile.com/quotes/i/118/henry-s-reuss-242394_currents_when-the-u-s-government-stops-wasting-ou_854599.png) [Download](https://sms4smile.com/quotes/i/118/henry-s-reuss-242394_currents_when-the-u-s-government-stops-wasting-ou_854599.png) [Open image](https://sms4smile.com/quotes/i/118/henry-s-reuss-242394_currents_when-the-u-s-government-stops-wasting-ou_854599.png) > “When the U.S. government stops wasting our resources by trying to maintain the price of gold, its price will sink to...$6 an ounce rather than the current $35 an ounce.” [Henry S. Reuss](https://sms4smile.com/quotes/author/henry-s-reuss/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. If the government stops fixing gold prices, the market will naturally lower the price dramatically. **In simple terms:** Free market would reduce gold price without intervention. Key Takeaway Allow market forces to set prices. Themes economics government policy gold market Mood cautious analytical Type Currents:0 Economy:1 Gold:1 Gold price:1 Government:1 Politics:1 Resources:1 Trying:0 Price Gold:0 Price Sink:0 Sink Ounce:0 Maintain Price:0 When to use this quote - policy analysis - investment strategy - public budgeting Key Concepts price mechanisms resource allocation inflation control Questions to Reflect On - What are the risks of price deregulation? - How would lower gold affect the economy? A Different Perspective Political resistance may delay change. ★ ★ ★ ★ ★ No ratings yet [Currents](https://sms4smile.com/quotes/about/currents/) [Economy](https://sms4smile.com/quotes/about/economy/) [Gold](https://sms4smile.com/quotes/about/gold/) [Gold price](https://sms4smile.com/quotes/about/gold-price/) [Government](https://sms4smile.com/quotes/about/government/) [Maintain Price](https://sms4smile.com/quotes/about/maintain-price-786569/) [Politics](https://sms4smile.com/quotes/about/politics/) [Price Gold](https://sms4smile.com/quotes/about/price-gold-337563/) [Price Sink](https://sms4smile.com/quotes/about/price-sink-786567/) [Resources](https://sms4smile.com/quotes/about/resources/) [Sink Ounce](https://sms4smile.com/quotes/about/sink-ounce-786568/) [Trying](https://sms4smile.com/quotes/about/trying/) ## Related quotes > [The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it…](https://sms4smile.com/quotes/garet-garrett/the-spectacle-of-a-great-solvent-government-paying-a-fictitious-price/) [Garet Garrett](https://sms4smile.com/quotes/author/garet-garrett/) > [Gold prices sky Cutin is the major cause of woman's loveof gold](https://sms4smile.com/quotes/mak-786/gold-prices-sky-cutin-is-the-major-cause-of-woman-s-loveof-gold/) [Mak\_786](https://sms4smile.com/quotes/author/mak-786/) > [You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. 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