Former economic advisor to President Trump, Dr. Judy Shelton, discussed a potential gold-backed Treasury bond as a solution to economic woes and a check on the Federal Reserve's power in an interview with Soar Financially. Shelton expressed concerns about the Fed's influence and advocated for a more stable dollar through a gold-backed bond. She also questioned the accountability of the Fed and its chairman, emphasizing the need for Congress to address the issue. Shelton's ideas challenge the current monetary policy framework and could gain traction in the future.
Original article source: https://www.jpost.com/business-and-innovation/precious-metals/article-850692
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