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From financial crises, to pandemic price-spikes,
to recurring cycles of inflation, everyone
agrees the economy has seen better days. But as
soon as pundits and politicians start discussing
economics, things get murky. Most books ask more
questions than they answer. Most books...but not
this one.Judy Shelton8212Senor Fellow at
Independent Institute, former Chairman of the
National Endowment for Democracy, and critically
acclaimed monetary economist8212haswritten a
book with answers. And not a moment too soon.
With clarity and moral courage, Shelton charts
the course to a brighter future. She's one of the
few economists bold enough to challenge the
inflationary policies of the Federal Reserve,
emphasizing how today's policies enrich elites at
the expense of8212youguessed it8212poo and
middle-class Americans. This, Shelton insists,
must end. And it can end8212easly. But Shelton
doesn't stop there. Her vision is for not only
America but also for people around the world.
Global, economic upliftment, she insists, need
not come at the expense of domestic prosperity.
We can have both8212butnot without a sound and
stable U.S. currency. And history is very clear
on this point. When the U.S. dollar is backed by
gold, America prospers, and so does the rest of
the world. In this book, Shelton casts a powerful
vision that is as revolutionary as it is
time-tested...a vision that shows how the future
American dollar can perform as good as gold...
...or even better. But this is no curmudgeonly
demand to return to the gold standard of yore.
Neither is it a demand to return to the Bretton
Woods era. Instead, Shelton offers something new
an explanation of how we can use gold for a new
international monetary order. Step by step, she
lays out how gold can provide a universal measure
of value across borders, create new financial
opportunities, and dramatically increase
prosperity around the world. If you care about
the poor, rich, and everyone in between, you have
to read this book ... and discover 183how price
stability functions as the foundation for
productive economic growth 183how political
freedom and economic freedom are fundamentally
linked ... and how one cannot exist without the
other 183how to reconcile the stability of
America's domestic currency in a global context
183the proper role of government in the economy
183and much, much more ... Writing with a sober
but hopeful voice, Shelton is no ordinary
economist. With grace, intellectual rigor, and
unmatched passion, this book is a must-read for
anyone invested in the future of the
American8212andglobal8212ecoomy. You'll walk
away with more answers than questions8212arare
experience for anyone who reads about monetary
policy.