Shelton: Recovery Starts With Sound Money
Judy Shelton in the WSJ: The euro is beset with fiscal calamities that threaten its downfall, and markets in the U.S. are roiled by uncertainty over the government’s financial regulatory legislation. But don’t worry. Treasury Secretary Timothy Geithner meets with European finance officials today to discuss the economic situation. According to a Treasury Department statement, .. read more
Judy Shelton: Let’s Go Back to a Gold Standard
I often speak about sound money on this blog. In fact, in my answer to Just One Thing, I chose sound money. Walter Block answered the same. Now Judy Shelton, writing in the WSJ, makes the case for a parallel currency, backed by gold, to compete with Federal Reserve Notes. She makes the case logically .. read more
Judy Shelton’s Hopes
Judy Shelton’s Op-Ed in the WSJ today echoes many of the same themes of my recent post, A New Bretton Woods. Like me, she sees the current crisis as being rooted in the monetary system:
Our Money is Broken
A more worthy selection in today’s WSJ is this selection from Judy Shelton: The world is not ending. Despite the wrenching turmoil in global financial markets and morbid allusions to the death throes of capitalism, it ain’t over. Not until people quit believing in themselves, not until people quit believing in a better future. But .. read more
