“I told Hubby, I think he’s going to go after the Fed. “
Probably not since that would leave the United States without a lender of last resort and no way to stave off a deflationary credit collapse.
I’m curious if you know who or what took that role before the Fed, and who you think would do it now if the Fed was dissolved.
The US Fed seems to be the defacto central bank for the whole world. I don’t know what POTUS plans, but I believe the Big Wigs have plans to redo the International Financial System.
Their Plan is to replace the USD with SDRs based on a basket of currencies using the IMF. The USD would then be just a local currency rather than the main reserve currency. Some apparently want to phase out cash all together.
I am not impressed with a system that has presided over the reduction by about 98% of the value of a dollar. I have no particular desire one way or the other-I am sure that whatever POTUS does will be good for the USA-so I don’t worry about it-he’s a genius and will make whatever changes need to be made. YMMV.