Judy Shelton - Economic Advisor to President Donald Trump - Gold Telegraph
Release Date: 02/11/2025
The Gold Telegraph Show
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GOLD TELEGRAPH CONVERSATIONS #1: JUDY SHELTON “I want the United States to be the leader if there's any kind of gold backing to a currency.” - Economic advisor to former President Donald Trump, Judy Shelton, joins me for a captivating conversation spanning a wide range of subjects. Judy Shelton is a Senior Fellow at the Independent Institute and author of the book Good as Gold: How to Unleash the Power of Sound Money. She is the former Chairman of the National Endowment for Democracy and former U.S. Director of the European Bank for Reconstruction and Development. She has testified...
info_outlineGOLD TELEGRAPH CONVERSATIONS #1: JUDY SHELTON
“I want the United States to be the leader if there's any kind of gold backing to a currency.” -
Economic advisor to former President Donald Trump, Judy Shelton, joins me for a captivating conversation spanning a wide range of subjects.
Judy Shelton is a Senior Fellow at the Independent Institute and author of the book Good as Gold: How to Unleash the Power of Sound Money.
She is the former Chairman of the National Endowment for Democracy and former U.S. Director of the European Bank for Reconstruction and Development. She has testified before the U.S. Senate Banking, Senate Foreign Relations, House Banking, House Foreign Affairs, and Joint Economic Committee.
In our conversation, we explore a series of compelling topics, highlighted by Judy’s riveting career stories, including her interactions with figures like Alan Greenspan, Paul Volcker, and other influential central bankers.
One of the most powerful revelations she shared was Paul Volcker’s frank admission: he had always believed the United States would eventually return to the Bretton Woods system.
For those unfamiliar, Volcker was referencing the pivotal moment known as the Nixon Shock in 1971, when President Nixon abruptly suspended the U.S. dollar's convertibility into gold, shattering the foundation of the Bretton Woods system.
At that historic moment in history, Volcker served as the Under Secretary of the Treasury for International Monetary Affairs.
This marked the transition to a pure fiat monetary system. We get into a wide-ranging conversation that covers many topics, which include:
• The US Dollar
• The U.S. National Debt as a Security Threat
• Federal Reserve's Role in America's debt and Financial Instability
• Historical Perspectives on Monetary Policy
• Potential Return to a Gold-Backed System
• Comparisons Between Soviet Central Planning and Current Economic Policies
• BRICS Countries and Global Financial Shifts
• Treasury Bond Backed by Gold and the Potential for Gold Backed Stablecoins + much more. I hope you all enjoy this conversation, and a big thank you to Judy Shelton for joining me for our first Gold Telegraph conversation.