Judy Shelton, a renowned monetary economist and Senior Fellow at the Independent Institute, discusses her thought-provoking ideas on monetary policy and inflation. She advocates for a return to a gold-backed dollar, arguing current policies disproportionately benefit the elite. Shelton shares insights from her book, highlighting the need for a fair monetary system to ensure economic stability. She critiques the Federal Reserve’s strategies and emphasizes the importance of transparency and accountability in restoring public trust in economic governance.

Judy Shelton, senior fellow at the Independent Institute and a former Federal Reserve Board nominee, alongside Jared Cohen, President of Global Affairs at Goldman Sachs, dive into pressing economic and geopolitical topics. They discuss the turbulent future of the Federal Reserve amid calls for greater accountability and independence. Cohen highlights the energy demands of artificial intelligence and the need for 'data center diplomacy' in U.S.-China rivalry. The episode also touches on significant market shifts following recent political changes and the evolving landscape of technology.

Dr. Judy Shelton, a Senior Fellow at the Independent Institute and author of "Good as Gold," passionately advocates for sound money as a moral obligation. She critiques the Federal Reserve's inflationary policies, arguing they undermine the dollar's purchasing power and create inequality. Shelton discusses the differences between money and currency, emphasizing the need for a market-determined interest rate and the revival of a gold standard to promote economic stability. She also highlights the importance of individual entrepreneurship in fostering innovation.