Judy Shelton, a senior fellow at the Independent Institute, discusses the current state of the U.S. economy and emphasizes the significance of a gold standard. She claims gold serves as an essential 'link to reality' for consumers, particularly in tumultuous economic times, suggesting that it offers a tangible connection to value amidst fluctuating currencies and financial uncertainty.
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The current discourse around gold, especially in the context of economic instability, suggests an increasing interest in gold as a hedge against inflation and currency fluctuations. This may lead to rising demand for gold-based investments.
Independent Institute senior fellow Judy Shelton discusses the state of the U.S. economy and the importance of the 'gold standard' on 'Making Money.'
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Gold remains a sought-after portfolio investment to help mitigate losses and remain a potential long-term source of return while fiat currencies and other materials may struggle.