The Real Reason The Rich Get Richer & Everyone Else Poorer | Dr. Judy Shelton

8 months ago
568

Dr. Judy Shelton, former economic advisor to President Donald Trump during his first term, and author of “Good as Gold: How to Unleash the Power of Sound Money,” argues that honest money is both a moral and constitutional imperative, asserting that the Fed’s so-called “stable inflation” policy contradicts the principles of such money. She critiques the Federal Reserve's inflation targeting, claiming it erodes purchasing power and exacerbates wealth inequality. Highlighting historical examples, Shelton advocates for a return to a gold standard, citing its potential to foster economic stability. She also warns that government inflation statistics often misrepresent the true economic situation, leading to misguided investments and policies. Shelton concludes by emphasizing the need for radical reforms and public awareness to restore monetary integrity and hold the Federal Reserve accountable.
.
Article Discussed: Gold Surpasses Euro as 2nd Global Reserve Asset & Challenges USD Next
==========================================================================
https://consent.yahoo.com/v2/collectConsent?sessionId=3_cc-session_b772db13-f044-4fcc-901b-55b7cfea1be6
.
https://markets.businessinsider.com/news/stocks/gold-surpasses-euro-challenges-dollar-dominance-in-global-reserves-1033462176
.
INTERVIEW TIMELINE:
0:00 Intro
1:42 Inflation & sound money
21:09 Experts vs the people
30:31 Audit the Fed?
40:39 Good As Gold
51:00 Weekly specials

Source: https://www.youtube.com/watch?v=R4b8xiZefAA

Loading 2 comments...