Heresy Financial: Is the US Returning to a Gold Standard?

The landscape of American fiscal policy is witnessing a significant shift with the appointment of Judy Shelton as an advisor to the U.S. Treasury. This move has sparked intense discussion among economists and investors alike, as Shelton is widely recognized as one of the most prominent advocates for sound money principles. Having authored the influential book Good as Gold, her arrival at the Treasury signals a potential pivot toward a more disciplined monetary framework. While her primary focus involves advising on currency policy—with a specific lens on the financial conditions within China—her long-standing support for gold-backed systems suggests that the…