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Financial crises…
Price-spikes…
Recurring cycles of inflation…
Everyone agrees that our economy has seen better days.
But how do we get back to those better days?
Is the devaluing dollar something we have to accept as the new normal?
Must global economic progress always come at the expense of domestic prosperity?
Have we simply given up on money that’s actually worth anything?
In this groundbreaking new work on the American dollar, Senior Fellow Judy Shelton—former chairman of the National Endowment for Democracy and critically acclaimed monetary economist—gives a resounding answer to all these questions and more.
In Good as Gold: How to Unleash the Power of Sound Money ([link removed]) , Shelton charts the course to a brighter future for the American dollar with rare clarity and moral courage. One of the few economists bold enough to challenge the inflationary policies of the Federal Reserve, she emphasizes how today’s policies enrich elites at the expense of—you guessed it—poor and middle-class Americans. That, 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. We can have global and domestic prosperity—but not without a sound and stable U.S. currency.
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.
If you care about the poor, rich, and everyone in between, you have to read this book.
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** Good as Gold
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** How to Unleash the Power of Sound Money
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** Judy L. Shelton
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“We need a dollar that is a world currency, that’s for sure—one that provides a liable store of value at home and is recognized as the world’s most respected monetary standard for international trade and investment. Judy Shelton shows us how to achieve both.”
—Arthur B. Laffer, PhD
“A book more than worth its weight in gold. Shelton lays out a new way forward to achieving sound money—the absolute requisite for a genuinely prosperous, free-market future. A masterful achievement.”
—Steve Forbes, chairman and editor-in-chief, Forbes Media
“In a clear and persuasive way, Shelton’s Good as Gold provides a road map for the United States to follow, leading the way to Robert Mundell’s promised land.”
—Steve H. Hanke, professor of applied economics, Johns Hopkins University
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** ABOUT THE AUTHOR
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Judy L. Shelton ([link removed]) is a senior fellow at Independent Institute. 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 of Foreign Affairs, and Joint Economic Committee and has been consulted on international economic/financial issues by national security officials at the White House, U.S. Congress, and the Pentagon. She is the author of The Coming Soviet Crash: Gorbachev’s Desperate Pursuit of Credit in Western Financial Markets and Money Meltdown: Restoring Order to the Global Currency System. Her popular articles have appeared in The Wall Street Journal, Financial Times, The Hill, and The Weekly Standard.
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