GOLD: President Trump To Nominate Fed Critic Judy Shelton To Fed Reserve Board

Shelton recently wrote for the Wall Street Journal in a piece entitled “The Case For Monetary Regime Change“: “But it is wholly legitimate, and entirely prudent,...
bigleaguepolitics.com/gold-president…
...to question the infallibility of the Federal Reserve in calibrating the money supply to the needs of the economy…It’s entirely reasonable to ask whether this might be better assured by linking the supply of money and credit to gold or some other reference point as opposed...
...to relying on the judgment of a dozen or so monetary officials meeting eight times a year to set interest rates.”
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