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A Hypothetical: Abandoning the Federal Reserve system.

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Dromond

Pleasantly abstruse.
Joined
Oct 5, 2007
Messages
7,475
Location
East Central Illinois, USA
Okay, so let's say that the anti-Federal Reserve people are right, and it's time to shut down the fed. No more funny money, no more fractional banking, none of that hoohah. The United States decides it's time to go back to a precious metal based monetary system.

For this mental exercise, assume the deal is done, the legislation is passed, and you are in charge of transitioning to the new standard. How do you go about it? What's your plan, man?
 

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