FedRes is likely to be made irrelevant, and then gradually phased out. Once Silver and Bitcoin have market caps over ~4.5T just behind gold, they will be massively collateralizable and will put a major dent in replacing the FedRes supplied collateralizable securities. It cannot just be "shutdown" without destroying the economy, but a parallel system can be stood up beside with gradual shift over.
We are nearly there now with both silver and BTC just over $2T away from the $4.5T target: https://companiesmarketcap.com/assets-by-market-cap/ ;Plus Trump could revalue gold up to $8K, making its market cap ~$60T and US holdings collateralizable to pay down debt.
FedRes is likely to be made irrelevant, and then gradually phased out. Once Silver and Bitcoin have market caps over ~4.5T just behind gold, they will be massively collateralizable and will put a major dent in replacing the FedRes supplied collateralizable securities. It cannot just be "shutdown" without destroying the economy, but a parallel system can be stood up beside with gradual shift over.
We are nearly there now with both silver and BTC just over $2T away from the $4.5T target: https://companiesmarketcap.com/assets-by-market-cap/ ;Plus Trump could revalue gold up to $8K, making its market cap ~$60T and US holdings collateralizable to pay down debt.