Miles Franklin Media – YouTube, Released on 10/12/25
Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Dr. Judy Shelton, former Federal Reserve nominee and former senior economic advisor to President Donald Trump, about a potential turning point for the U.S. dollar coming July 4, 2026 – the nation’s 250th anniversary. Dr. Shelton reveals that her idea is gaining traction in Washington – a gold-linked U.S. Treasury bond that could redefine America’s monetary system. Dr. Shelton, Senior Fellow at the Independent Institute and Author of ‘Good as Gold,’ discusses how these bonds could restore faith in the U.S. dollar, offset currency debasement fears, and bring the dollar back to a form of sound money. Could this be America’s Independence Day Reset – a turning point that re-anchors the dollar to gold and restores monetary trust? Dr. Shelton also tells Makori about a potential Fort Knox gold audit that could be in motion under the Gold Reserve Transparency Act and explores the implications of a gold revaluation, the U.S. strategic position in global finance, and the future of monetary systems anchored to gold.
00:00 Coming Up…
01:18 The Debasement Trade Explained
03:10 U.S. Debt & Economic Concerns
07:44 Gold’s Role in the Economy
14:27 Treasury Trust Bonds Proposal
26:02 Challenges & Skepticism
50:01 Private Credit & the Fed’s Influence
51:53 Gold Revaluation & U.S. Treasury
55:03 International Gold Revaluation Precedents
01:01:55 Impact of Gold-Linked Treasuries on Global Politics
01:19:07 Historical Context of Gold Standards
01:30:30 Bitcoin & Modern Monetary Systems
01:35:10 Conclusion & Final Thoughts
Judy Shelton is an American economist known for her advocacy of the gold standard and her criticism of the Federal Reserve. She is a former economic advisor to President Trump and has held prominent roles in both the public and private sectors. Her latest book is Good as Gold: How to Unleash the Power of Sound Money.