stahleyp Posted July 24, 2020 Share Posted July 24, 2020 I don't know a ton about her but I like the fact that she wants us to go back to the gold standard. I like that and I think it forces us to be efficient and will reduce wealth inequality. Romney is threating to vote against her though. What do you guys think about the selection? https://www.nytimes.com/2020/07/22/opinion/federal-reserve-judy-shelton.html Quote Link to comment Share on other sites More sharing options...
cwericb Posted July 24, 2020 Share Posted July 24, 2020 I don’t know anything about her but I am all for a return to the gold standard because I believe it keeps governments honest. But I wonder if that ship has sailed? Quote Link to comment Share on other sites More sharing options...
stahleyp Posted July 24, 2020 Author Share Posted July 24, 2020 I don’t know anything about her but I am all for a return to the gold standard because I believe it keeps governments honest. But I wonder if that ship has sailed? Supposedly if there are 4 Republicans that go against her then she won't get the nod. It looks like all of the Democrats are against her (hard to give money to everyone if it's tied to gold). Romney is going against her so if 3 other Republicans go, then she's done. Quote Link to comment Share on other sites More sharing options...
stahleyp Posted August 21, 2020 Author Share Posted August 21, 2020 https://www.bloomberg.com/news/articles/2020-08-20/trump-nominee-shelton-blasted-by-fed-alums-in-open-letter More hate for the gold standard. People in power know their corruption can't stand if we don't have forever bailouts. Quote Link to comment Share on other sites More sharing options...
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