Gold, the Dollar, and the Federal Reserve
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Gold, the Dollar, and the Federal Reserve: Can the Fed really be trusted to ensure Economic Stability and Prosperity?
Chairman of the Federal Reserve, Jay Powell, has declared that the Federal Reserve is “squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people.” But does it really achieve goals that benefit all Americans, particularly the all-important goal of stable prices?
In her new book, Good As Gold, How to Unleash the Power of Sound Money, Dr. Judy Shelton explores how the Federal Reserve has failed the American people, particularly in regard to safeguarding the value of the dollar, which has lost much of its value due to Fed monetary policy.
As an economist who specializes in global finance and monetary issues, Dr. Shelton knows a thing or two about the Fed. She was even nominated for a position on the Federal Reserve Board.
Dr. Shelton has frequently provided her perspective on the consequences of fiat money and central banking practices through prominent business publications and media outlets as well as testimony before Congressional Committees. She has proposed her own innovative gold-related solution to combat inflation and restore confidence in financial markets which in turn is intended to support personal economic freedom and prosperity
SPEAKER
Judy Shelton, Ph.D. | Judy Shelton is a Senior Fellow at the Independent Institute and author of the book Good as Gold: How to Unleash the Power of Sound Money. She is the former Chairman of the National Endowment for Democracy and former U.S. Director of the European Bank for Reconstruction and Development. She has testified before the U.S. Senate Banking, Senate Foreign Relations, House Banking, House Foreign Affairs, and Joint Economic Committee. She holds a Ph.D. in business administration, with an emphasis on finance and international economics, from the University of Utah.
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