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Peter St. Onge: How we could end the Federal Reserve
By Peter St. Onge
Money Metals Exchange, Eagle, Idaho
Friday, November 29, 2024
How can we End the Federal Reserve?
Without a government-licensed counterfeiter, would we be eating cat food?
There's an entire industry dedicated to pumping out fear, uncertainty, and doubt of the post-apocalyptic dystopia that would descend upon the fair republic if we cancel the Fed's counterfeiting license.
So what would actually happen?
... Dispatch continues below ...
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First thing: It's not science fiction. America didn't have a central bank for its first 140 years. We had air conditioning, telephones, and electric cars before we had a Fed.
Moreover, there are countries today that still do not have a central bank -- seven in all, eight if Argentina joins the party. ...
... For the remainder of the commentary:
https://www.moneymetals.com/news/2024/11/29/how-to-end-the-fed-003653
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