Category: Ethics

GOLD, DOLLAR & PRICES

Trade Talks Must Succeed

Thirty years ago, President George Bush hustled Americans along the road to a “new world order,” code words meaning an end to nations with elected representative governments. Bush 41 put the North American Free Trade Agreement into place, and his protégé and successor, President Bill Clinton, admitted China to the World Trade Organization in 1995. These two deals obtained cheap, foreign-made goods for U. S. consumers, but undercut the crucial employment of the U. S. industrial-manufacturing base. Combining this glaring flaw with unsound Keynesian monetary policies implemented by the Federal Reserve has produced extreme concerns which now require balancing the foreign trade current account and reforming U. S. currency based on sound money principles.

The White House is said to be vetting Judy Shelton for a seat on the Fed board. She told us what she would bring to a central bank whose policies she has long criticized.

• The White House is vetting former Trump adviser Judy Shelton for nomination to the Federal Reserve Board of Governors, according to reports.
• The potential nominee has been critical of the central bank and would like to change some of the core ways it operates. 
• In an interview with Markets Insider, she said she thought it would be “superficial” to solely answer yes or no to whether the central bank was independent, outlined a zero-percent inflation target, and expressed support for the president and his policies.  

Continue reading “SPECIAL: Judy Shelton Rocks – Recent Interview”