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Bloomberg TV a Bretton Woods-type monetary system, which ended after the US dropped the gold standard in 1971. Those policies would set up optimal conditions for growth, she argues, even though they wouldn’t be made immediately. “I mean I will say that within the current structure, I don’t believe in just pulling the rug out from people and coming in and trying to blow it all up,” she said. “I think consistency and moving toward a better place. I would want to be having the conversations, asking the Fed. And I’m very pleased to see the Fed is already doing this, going through self-evaluation.” Read the full interview with Shelton here. The White House is said to be vetting Judy Shelton for a seat on the Fed. She told us what she would bring to a central bank whose policies she has long criticized. More: Federal Reserve Trump Judy Shelton Interest Rates Close iconTwo crossed lines that form an ‘X’. It indicates a way to close an interaction, or dismiss a notification. Check mark iconA check mark. It indicates a confirmation of your intended interaction.