Liberty and Finance: Where is all the Fed’s Money Going?

In a recent discussion with Liberty and Finance, Dr. Judy Shelton, former economic advisor to President Donald Trump and author of “Good as Gold: How to Unleash the Power of Sound Money,” delivered a powerful argument for a return to honest money, framing it not just as an economic necessity but as a moral and constitutional imperative. Shelton, a long-time advocate for sound monetary policy, argues that the Federal Reserve’s current approach, particularly its focus on “stable inflation,” fundamentally betrays the principles of true monetary integrity. Shelton’s core argument hinges on the idea that the Federal Reserve’s inflation targeting directly…