Why the Knives Are Out for Trump’s Fed Critic Judy Shelton
Because she questions the very foundations of The Fed. We don’t necessarily agree with her positions, but it is helpful to ask questions.
(From The National Review)
As the open letters note, Shelton has “has advocated for a return to the gold standard; she has questioned the need for federal deposit insurance; she has even questioned the need for a central bank at all.” The letters also claim that “she appears to have jettisoned all of these positions to argue for subordination of the Fed’s policies to the White House.” Let’s consider these positions point by point.
This article was originally posted here: https://www.ac2news.com/2020/09/why-the-knives-are-out-for-trumps-fed-critic-judy-shelton/.