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New Fed Nomination Has Rekindled Debate on Gold

Monetary Metals Don’t Need a Gold Standard Proxy System



In all seriousness, we are grateful for the opportunity provided by Judy Shelton’s expected nomination to the Fed to clarify what sound money is, what it would mean for a modern economy, and how it might be implemented.

Sound money has intrinsic value, is stable, is trusted, is fungible, and has widespread acceptance. It need not necessarily be gold, although thousands of years of history have shown the yellow metal ably fills that role – even today.


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New Fed Nomination Has Rekindled Debate on Gold New Fed Nomination Has Rekindled Debate on Gold Reviewed by Unknown on 08:57 Rating: 5

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