Judy Shelton: The Money Meltdown Expert

Money Meltdown

by Judy Shelton

4.2 out of 5

Language	:	English
File size	:	678 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	416 pages
X-Ray	:	Enabled

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Judy Shelton is an renowned economist, author, and public speaker who has written extensively about the dangers of inflation and the need for sound monetary policy. In her book, The Coming Inflation Crisis, she warns that the Federal Reserve's easy money policies are leading us down a dangerous path. She argues that we need to return to a sound monetary system based on gold.

Shelton's Background

Shelton grew up in a small town in Iowa. She earned her bachelor's degree in economics from the University of Northern Iowa and her master's degree in economics from the University of Iowa. After working as an economist for several years, she earned her Ph.D. in economics from the University of California, Berkeley.

Shelton has taught economics at several universities, including the University of Utah, the University of Missouri, and George Mason University. She has also worked as a senior economist for the Congressional Budget Office and as a member of the President's Council of Economic Advisers.

Shelton's Views on Monetary Policy

Shelton is a strong advocate for sound monetary policy. She believes that the Federal Reserve should focus on price stability and that it should not try to use monetary policy to achieve other goals, such as full employment or economic growth.

Shelton is particularly critical of the Federal Reserve's quantitative easing program. She argues that this program has led to the creation of a bubble in the stock market and the bond market. She also warns that it could lead to inflation if the Fed does not start to tighten monetary policy soon.

Shelton's Recommendations for Fixing the Money Meltdown

Shelton has proposed a number of steps that the Federal Reserve could take to fix the money meltdown. These steps include:

• Raising interest rates
• Selling off the Federal Reserve's portfolio of Treasury bonds and mortgage-backed securities
• Adopting a sound monetary system based on gold

Shelton believes that these steps would help to stabilize the economy and prevent inflation. She argues that we need to return to a sound monetary system if we want to avoid a money meltdown.

Judy Shelton is an important voice in the debate over monetary policy. Her warnings about the dangers of inflation and the need for sound monetary policy have been echoed by many other economists. If the Federal Reserve does not heed these warnings, we could be headed for a money meltdown.

Money Meltdown

by Judy Shelton

4.2 out of 5

Language	:	English
File size	:	678 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	416 pages
X-Ray	:	Enabled

FREE