from Silver Doctors:
SD Midweek Update: Is a weakening of the US dollar, or even a shock-devaluation…imminent?
She’s not even an official Fed pick.
You wouldn’t think that if you follow the mainstream, however, such as this “Washington Post Economics Correspondent”:
NEW: Trump’s Fed nominee Judy Shelton calls for a 50 basis point cut in interest rates at the July meeting
— Heather Long (@byHeatherLong) July 22, 2019
Such an impressive title, so it must be official doctrine.
But, there is STILL no official release on White House.gov indicating that Judy Shelton has been formally nominated.
So far, all we have is an unofficial “@realdonaldtrump” Tweet announcing his intention to nominate Judy Shelton to the Fed, but that’s just Trump’s personal, private account, you know, kinda like Hillary’s official use of personal stuff.
So it can’t be official.
Or can it be?
I guess President Trump gets a pass.
Anyway, who is Judy Shelton, and more importantly, where does she come from and where is she going?
From whitehouse.gov (bold added for emphasis):
Judy Lynn Shelton of Virginia to be United States Director of the European Bank for Reconstruction and Development. Ms. Shelton has testified before Congress on numerous occasions as an expert witness on international finance, banking, and monetary issues. A former Senior Research Fellow at the Hoover Institution at Stanford University, she is the author of two books on global economic developments. Ms. Shelton currently serves as Chairman of the National Endowment for Democracy and is a Senior Fellow at the Atlas Network. She holds an M.B.A. and a Ph.D. degree in business administration specializing in finance andinternational economics from the University of Utah. She received a postdoctoral fellowship from the Hoover Institution through the National Fellows program.
That’s who Judy Shelton is, where she is, and well, we know where she’s supposedly going.
She’s an international banker/economist from many a globalist institution.
She’s not really “America First” with her strong focus on the global economy.
I could go much deeper into the myriad problems, but I’m trying to be nice.
Sure enough, today, July 24th, 2019, there Shelton is listed right there on the European Bank for Reconstruction and Development’s Board of Directors page:
The column (screenshot is just one row, but it’s really a column on the webpage) with the word “Vacant” refers to the “alternate”, as in, TINA.
I couldn’t resist.
But there is no alternative.
Now, why is this appointment important?
Well, Judy Shelton has been playing in Negative-Interest-Rate Land, and she’s now coming home to roost.
As a current Trump appointee, as in, she’s already a member of the Trump Administration, regardless of whether she is confirmed to the Fed or not, she can be, and will be, in my opinion, tapped to do overt and covert Exchange Stabilization Fund activities which will include weakening the US dollar and working to force negative interest rates in the United States.
OK, “Hey Half Dollar, you have fallen off you’re rocker again. She’s a Gold Standard Advocate, and she’s one of us!”.