"Ms Shelton has long been sympathetic to the gold standard, which the US fully abandoned in the early 1970s in favour of a flexible exchange rate for the dollar. “People call me a goldbug, and I think, well, what does that make them? A Fed bug,” she says. Her big dream is a new Bretton Woods-style conference — “if it takes place at Mar-a-Lago that would be great” — to reset the international monetary system, replacing the current regime, mostly based on floating currencies. Ms Shelton said countries should agree to tie their currencies to a “neutral reference point, a benchmark” — which she envisages to be a “convertible gold-backed bond”.
Fed candidate slams bank’s ‘Soviet’ power over markets
https://www.ft.com/content/46c4b186-8308-11e9-b592-5fe435b57
Fed candidate slams bank’s ‘Soviet’ power over markets
https://www.ft.com/content/46c4b186-8308-11e9-b592-5fe435b57
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