In a 2015 Cato Institute session, Fed Board Nominee Judy Shelton discusses whether to trust or not official GDP and inflation statistics (she says no — see 1:07:07) (h/t Sam Bell). This makes me wonder (1) what is the basis for her beliefs, and (2) what would she use that is different. Let’s consider inflation, … Continue reading What Does Judy Shelton Believe GDP Growth and Inflation Are in 2019?