Nostr Web Client

I have many problems with RFK Jr. and his positions, but I welcome the discussion on sound money and the use of fiat to fund the endless wars.

If you haven’t read Judy Shelton’s paper on gold backed bonds it’s worth a read. I’d bet RFK and his team have read it and her other writings on the subject.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2241651

She credits Alan Greenspan, of all people, and an article he wrote in the WSJ in 1981 as the inspiration for the idea.

Reply to this note

Please Login to reply.

Discussion

unity 2y ago

Greenspan was a disaster just like bernanke

Bourbonic Plague 2y ago

Right.

Which is why it’s interesting to see evidence that demonstrates how far he fell. He went from Ayn Rand acolyte to one of the people most responsible for ushering in the late stage MMT dystopia.

Read that 1981 article if you want to see that. Here’s a sample.