Gold Surges After Trump Nominates Gold Standard Advocate Judy Shelton To Fed Board | Zero Hedge

Money is meant to serve as a reliable unit of account and store of value across borders and through time. It’s entirely reasonable to ask whether this might be better assured by linking the supply of money and credit to gold or some other reference point as opposed to relying on the judgment of a dozen or so monetary officials meeting eight times a year to set interest rates. A linked system could allow currency convertibility by individuals (as under a gold standard) or foreign central banks (as under Bretton Woods). Either way, it could redress inflationary pressures.

Judy Shelton is author of the 1998 book Money Meltdown; and previously she had concluded that “Central bankers, and their defenders, have proven less than omniscient.”

 

Source: Gold Surges After Trump Nominates Gold Standard Advocate Judy Shelton To Fed Board | Zero Hedge

Keiser Report / Episode 278 Holographic Economy

submitted by Gabrielle Price

In this episode, Max Keiser and co-host, Stacy Herbert discuss Dr Bernanke’s hologram and his real tsunami of money. In the second half of the show Max talks to Alec Empire of Atari Teenage Riot about copyright, Anonymous and free speech and the armed government goons sent to shakedown grannies.