Monetary Blog | FOMC Insight Engine · Feb 8, 2026
The Assay: Judy Shelton's Monetary Vision Tested Against the Federal Reserve's Own Documentary Record
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Judy Shelton invokes Volcker, dismisses Phillips Curve reasoning, proposes gold-backed bonds, and promises rate cuts will rescue small business. Four queries to the FOMC Insight Engine — 90 years of transcripts, staff memos, and internal deliberations — test every claim against the documentary record.
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