Independent Institute Senior Fellow Judy Shelton is a longtime contrarian economist who was nominated to the Federal Reserve Board during Trump’s first term. Yahoo Finance Executive Editor Brian Sozzi hears her view of the Fed, its future of independence under Trump, and why she stands by the gold standard.

Yahoo Finance Invest 2024 brings to life our promise to the investing community: Behind every great investor is Yahoo Finance. 2024 brought on numerous forces that have impacted our economy and markets in unprecedented ways. AI boom. Shifting Fed policy moves. And when we gather this fall, the outcome of a heated US presidential election will be front and center for investors globally. The combination of these macroeconomic trends, tech breakthroughs and a new administration will bring a lot of unanswered questions for investors. Join Yahoo Finance Invest to hear from executives from some of the world’s largest corporations, thought leaders, and policy makers through conversations moderated by Yahoo Finance’s editorial team.

Get more Invest 2024 at https://finance.yahoo.com/videos/event/invest/

00:00 - Judy Shelton joins Invest

00:15 - Federal Reserve’s dual mandate

02:43 - Impact of further Fed rate cuts on inflation

06:05 - What changes should Trump make to the Fed?

07:00 - The future of Fed independence

09:00 - Household wealth distribution

10:39 - Shelton’s 2020 nomination to the Federal Reserve Board

13:30 - Why Shelton stands by the gold standard

16:00 - Why Shelton views crypto as a healthy challenge to the dollar

18:45 - Shelton’s take on a Federal Reserve digital currency

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

A Contrarian’s Economic View with Judy Shelton