
The Federal Reserve’s Fatal Conceit
It’s time to look at what is — or should be — the role of our central bank in America’s free market economy.
By JUDY SHELTON
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Ms. Shelton, a monetary economist, is a senior fellow at the Independent Institute and author of ‘Good as Gold: How to Unleash the Power of Sound Money.’

It’s time to look at what is — or should be — the role of our central bank in America’s free market economy.
By JUDY SHELTON
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The idea of revaluing America’s gold holdings to bring the prices in line with the market ignites a debate for Trump’s vision of a new Golden Age.
By JUDY SHELTON
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Could a 50-year bond, redeemable in gold on America’s 300th Birthday, point the way out of the era of fiat money?
By JUDY SHELTON
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‘They get what they want — economic chaos in the West — and the value of your gold increases many times.’
By JUDY SHELTON
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If the journalists won’t ask the question of the Fed, maybe an official bottom-up look at our money-losing central bank is in order.
By JUDY SHELTON
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The question of politics hovers over the central bank’s decisions between now and the election on November 5.
By JUDY SHELTON
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It’s too soon to get the actual policy papers being discussed, but the possibility of a breakthrough beckons in the debate over inflation.
By JUDY SHELTON
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It’s the logical goal for President Trump’s campaign to blunt the negative impact of currency manipulation on the ability of American companies to compete overseas.
By JUDY SHELTON
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The question arises because we’re getting hints that the Fed’s 2 percent inflation target doesn’t have to be actually reached before monetary officials ease up on rates.
By JUDY SHELTON
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Argentina’s new president turns up just as America seems to be losing confidence in the virtues of its founding values and democratic capitalism.
By JUDY SHELTON
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By one reckoning there’s a 99 percent probability that the Fed will lower the federal-funds rate by September — its last meeting before Americans go to the polls.
By JUDY SHELTON
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Americans are starting to focus on whether the efforts of the Fed to manage the economy are doing more harm than good.
By JUDY SHELTON
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