I wonder if Trump could close the Fed? These steps could be how. I’d imagine this would happen gradually to manage all the push back:
Step 1: The Fed buys out all the Treasury bonds
The Fed buys up every last Treasury bond out there. The ones sitting in the portfolios of big banks, insurance companies, pension funds, the usual suspects: Goldman Sachs, Vanguard, BlackRock, the big pension funds holding on to government debt like it’s a guaranteed payday. Every bond bought out, no extra new money “printed” after that. And cancel all that student debt while they’re at it too.
Step 2: Bury the debt
Once those bonds and other debts are paid by the Fed, they’re just entries on the “books”. Because Trump’s administration runs the Fed, he cancels the obligation to pay it and closes its doors for good. No repayments, no interest. And no one is chasing for money, everyone has already been paid off.
Step 3: Reinvest every dollar saved
All those billions—maybe trillions—used servicing the debt? And all the tax paying interest, not even touching the debt itself? Free and clear. It all goes straight into what people actually need. Infrastructure that doesn’t crumble, schools that don’t fall apart, real energy system reform, maybe nuclear. All of it goes to making life better for people.
Step 4: Let the banks compete
With the Fed not around doing rate control, banks start to feel the heat of real competition. They’re flush with liquidity from those bond buyouts, but now they have to actually compete. Rates start to fall because that’s what the market wants. Mortgages, business loans—all get cheaper. People have more space to live, to invest, to make something of their own.
Step 5: Create jobs, building America
Those freed-up funds, not servicing debt goes to creating jobs. Not just any jobs—useful government jobs, ones with a purpose. Fixing education, high-tech manufacturing, infrastructure, regenerative agriculture, modernising the military. Jobs that build things that last and keep people healthy. Putting people to work to create a future everyone can rely on. More jobs, more market stimulus.
Step 6: Full transparency for the public
So not to be in the same mess, every dollar spent get accounted for. Trump’s administration reports on every project, every investment, and it’s all out in the open. No hidden costs, no backroom deals. The public knows exactly where the money’s going and why. This is actually where a crypto could excel. But now Digital ID is only for government workers handling the money! All tracked and traced.
Step 7: Ignore the noise, Trump holds the course. Wall Street throws a fit, pundits wail. Doesn’t matter, he’s builds economic reverses, gold, oil, new energy sources etc. Trump invests in US self-sufficiency, creates a formidable cyber and defence infrastructure, secures the borders. He diversifies strategic alliances and trade partnerships, BRICS+ ASEAN and others. This shields from against external pressures and all sorts of asymmetrical warfare tactics. Trump has the resources, the know-how, the people to make this work. No outside approval necessary, just a steady course.
Step 8: Build for the future
This isn’t just wiping out debt; it’s paves a new road forward. No interest payments, no bonds hanging over the US people’s heads, no endless cycles, not more all kinds of industrial complexes. This opens the way to remove tax altogether. Have just a basic 1%. Just the country building what it needs, for its people, and inspiring other countries to do the same.
…Anyways, I’d imagine it’s a pipe dream. But if anyone could do it, it would be Trump!
Just reading some posts before Trump got elected.
