Judy Shelton: It's "Day 1" Of The Reckoning As US' Unsustainable Fiscal Path Runs Out
Thoughtful Money with Adam Taggart
00:00
Rethinking Monetary Policy and the Gold Standard
This chapter analyzes the Federal Reserve's interactions with commercial banks regarding treasury securities and reserve balances, exploring their implications on inflation and banking practices. It discusses the need for reform in monetary policy, including a potential return to a gold standard for currency stability and the effects on personal finance and the economy. The chapter also debates the relevance of unemployment metrics in shaping Fed policies, drawing comparisons with international standards and advocating for a more stable fiscal approach.
Transcript
Play full episode
