In this episode of the Coin Stories podcast, Natalie interviews Judy Shelton, a monetary scholar and former advisor to President Trump, about her background, her views on monetary policy, and the role of the Federal Reserve. Shelton shares her journey from studying Middle English to becoming an economist focused on sound money, her work on the Soviet economy, and her experiences during her nomination to the Federal Reserve Board. The conversation covers historical monetary systems like Bretton Woods, the impact of Nixon closing the gold window, and the potential for gold-backed treasuries. Shelton expresses concerns about the increasing financialization of the economy and the need for a stable, reliable currency, while also discussing the potential role of Bitcoin as a neutral reserve asset and advocating for competitive currencies and questioning the power and governance of the Federal Reserve.
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