Commodities
Gold as the Solution: Judy Sheltons Plan to Fix Americas Dollar Crisis
Date: 2024-10-29 21:50:00
Dr. Judy Shelton, a former economic advisor to President Donald Trump and author of Good as Gold: How to Unleash the Power of Sound Money, has a stark warning: America’s rising debt and reliance on fiat currency may erode global confidence in the dollar. In a recent interview with Jeremy Szafron, anchor at Kitco News, Dr. Shelton outlines her bold vision for achieving financial stability in the U.S.
She offers a critical view of current Federal Reserve policies, arguing that they have exacerbated wealth inequality and fueled inflation. Dr. Shelton proposes a return to sound money by re-establishing a link between the U.S. dollar and gold. She introduces a novel solution of issuing Treasury bonds convertible to gold, which could strengthen the dollar’s status as the world’s reserve currency while promoting economic stability.
Follow Jeremy Szafron on Twitter: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Judy Shelton on Twitter: @judyshel (https://twitter.com/judyshel)
This video is brought to you by *Goldback* — Inflation-resistant, 24K gold currency.
_Protect your purchasing power, grow your wealth annually, and spend at over 2,000 businesses.
Learn where to get Goldbacks at *https://www.goldback.com/*
00:00 – Coming Up
2:02 – Introduction: Good as Gold – How to Unleash the Power of Sound Money
6:32 – Dollar’s Decline
9:47 – Federal Reserve’s Power
17:22 – Time to Reform the Fed?
23:42 – Why Gold
29:17 – Classic Gold Standard vs Bretton Woods
37:02 – Gold-Convertible Debt Securities
44:12 – De-Dollarization
52:27 – Fed’s Inflation Target Wrong?
57:12 – Fiscal Responsibility
#USDebtCrisis #FederalReserve #GoldBackedDollar #SoundMoney #DeDollarization #USDollar #GoldStandard #FinancialStability #EconomicReform #MonetaryPolicy #InvestingInGold #USInflation #BRICS #KitcoNews #GlobalEconomy #USFinancialCrisis #GoldInvestment #DollarCollapse #InflationCrisis #FiscalResponsibility #GlobalFinance #DrJudyShelton #EconomicOutlook #FinanceNews #SoundMoneyAdvocate #judyshelton #trumpeconomy
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP – https://applications.kitco.com
Stay connected:
Twitter – https://twitter.com/kitconewsnow
Instagram – https://www.instagram.com/kitconews
Facebook – https://www.facebook.com/KitcoNews
LinkedIn – https://www.linkedin.com/company/kitconews
StockTwits – https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
