#USNationalDebt
US Congressman Thomas Massie officially calls for the end of the Fed
A bold statement shaking the foundations of the American monetary system, but if it really happens, what are the alternatives?
Free Market System
The market determines interest rates and the value of money without government intervention.
Return to the Gold Standard
Every dollar is actually backed by gold, reducing inflation but restricting economic growth.
Adoption of Digital Currencies (like Bitcoin)
A decentralized, transparent monetary system that is not subject to artificial inflation.
Control by the Treasury Department instead of the Fed
The government would fully manage monetary policy (very politically dangerous).
Summary
The idea of ending the Fed is not a fantasy, but it requires a radical change in the global financial system.
The real question is, will there be a ready alternative?
