Caleb Howe is reporting live from the Jackson Hole Summit, a major financial summit that is attracting the world's greatest thinkers on money and economics. Look for Caleb's posts throughout the weekend.
On Friday morning at the Jackson Hole Summit, Judy Shelton of the Sound Money Project and Atlas Network spoke on the subject of the gold standard and addressed the perception that people who even dare to mention it are lunatics or, as The American Spectator noted earlier today, Quixotic. Shelton's presentation focused in the main on the numbers and the policies. Dr. Shelton pointed out that the Fed can't seem to face up to a simple, apparent, easily understood fact: Their policies aren't working.