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Black Friday’s Hidden History: From Gold Conspiracy to Consumer Frenzy

Source: No sales or tradition—the real origin of Black Friday in the United States stems from a financial collapse driven by a gold conspiracy (2025-11-29)

In 2025, Black Friday remains a major retail event, generating over $10 billion in U.S. sales, but its origins are far from the shopping aisles. Contrary to popular belief, the term "Black Friday" originally referred to a catastrophic financial crisis in 1869, rooted in a conspiracy to hoard gold that destabilized the economy. This event occurred during the post-Civil War era when the U.S. was struggling to pay off war debts and stabilize its gold-backed currency. Today, Black Friday symbolizes retail profit, but its roots reveal a dark chapter of economic manipulation. Recent developments highlight the ongoing economic turbulence, including HP’s massive job cuts in the U.S., the IRS’s aggressive collection efforts, and rising minimum wages in Maryland, signaling a complex economic landscape. Additionally, technological shifts like HP’s focus on generative AI and the global push for digital transformation are reshaping industries. The 1869 gold conspiracy involved financiers like Jay Gould and James Fisk, who attempted to corner the gold market, causing a financial panic that led to widespread economic hardship. This event underscored vulnerabilities in the gold standard system, which persisted until the mid-20th century. Today, the legacy of that crisis influences modern financial policies and market behaviors. As the U.S. continues to navigate economic challenges—such as inflation, job market shifts, and technological disruptions—understanding Black Friday’s true history offers valuable insight into the cycles of economic stability and chaos. Recent facts include the Federal Reserve’s recent interest rate hikes to combat inflation, the rise of AI-driven automation in retail, the increasing adoption of digital currencies, the expansion of remote work impacting consumer behavior, and the ongoing debate over economic inequality. Recognizing the origins of Black Friday as a symbol of financial collapse reminds us that economic resilience depends on transparency, regulation, and innovation—lessons as relevant today as they were in 1869.

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