Good as Gold

How to Unleash the Power of Sound Money

De: Judy Shelton

Narrado por: Marguerite Gavin

From financial crises, to pandemic price-spikes, to recurring cycles of inflation, everyone agrees: the economy has seen better days.

But as soon as pundits and politicians start discussing economics, things get murky. Most books ask more questions than they answer.

Most books … but not this one.

Judy Shelton—Senior Fellow at Independent Institute, former Chairman of the National Endowment for Democracy, and critically acclaimed monetary economist—has written a book with answers.

And not a moment too soon.

With clarity and moral courage, Shelton charts the course to a brighter future. She’s one of the few economists bold enough to challenge the inflationary policies of the Federal Reserve, emphasizing how today’s policies enrich elites at the expense of—you guessed it—poor and middle-class Americans. This, Shelton insists, must end. And it can end—easily.

But Shelton doesn’t stop there. Her vision is for not only America but also for people around the world. Global, economic upliftment, she insists, need not come at the expense of domestic prosperity. We can have both—but not without a sound and stable US currency.

And history is very clear on this point. When the US dollar is backed by gold, America prospers, and so does the rest of the world. In this book, Shelton casts a powerful vision that is as revolutionary as it is time-tested … a vision that shows how the future American dollar can perform as good as gold … or even better.

But this is no curmudgeonly demand to return to the gold standard of yore. Neither is it a demand to return to the Bretton Woods era. Instead, Shelton offers something new: an explanation of how we can use gold for a new international monetary order. Step by step, she lays out how gold can provide a universal measure of value across borders, create new financial opportunities, and dramatically increase prosperity around the world.

If you care about the poor, rich, and everyone in between, you have to listen to this book … and discover:

• how price stability functions as the foundation for productive economic growth;
• how political freedom and economic freedom are fundamentally linked … and how one cannot exist without the other;
• how to reconcile the stability of America’s domestic currency in a global context;
• the proper role of government in the economy;
• and much, much more …

Writing with a sober but hopeful voice, Shelton is no ordinary economist. With grace, intellectual rigor, and unmatched passion, this book is a must-listen for anyone invested in the future of the American—and global—economy. You’ll walk away with more answers than questions—a rare experience for anyone who knows about monetary policy.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2024 The Independent Institute (P)2024 Blackstone Publishing

Gold

Excellent read. Good points. Let’s get back on the gold standard. Yellen being behind the 2% annual theft (compounded negatively) is fitting.

The future of monetary policy

This is a must read for any USA citizen that is affected by inflation. Understand why inflation exists & solutions USA should implement to lower inflation while increasing your purchasing power.

Gold > Fiat

Shelton provides a great overview of currencies and the banking system domestically and internationally. She provides insights on fiscal, monetary, and currency exchange p practice and policies. Her main point is that gold isn’t without flaws but is better than alternatives and puts checks and balances in fiscal and monetary policymakers. Check it out.

Good Effort

It was a well presented explanation of macro economics relative to an asset backed currency. Good for someone new to economics.