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The Real Reason The Rich Get Richer & Everyone Else Poorer | Dr. Judy Shelton
Dr. Judy Shelton, former American economic advisor to President Donald Trump in his first term, argues that honest money is both a moral and constitutional imperative, asserting that stable inflation contradicts the principles of such money. She critiques the Federal Reserve's inflation targeting, claiming it erodes purchasing power and exacerbates wealth inequality. Highlighting historical examples, Shelton advocates for a return to a gold standard, citing its potential to foster economic stability. She also warns that government inflation statistics often misrepresent the true economic situation, leading to misguided policies. Shelton concludes by emphasizing the need for radical reforms and public awareness to restore monetary integrity and hold the Federal Reserve accountable.
INTERVIEW TIMELINE:
0:00 Intro
1:42 Inflation & sound money
21:09 Experts vs the people
30:31 Audit the Fed?
40:39 Good As Gold
51:00 Weekly specials
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