The Fed generates ~$90 BN of revenue for the US government every year.
And it does it by printing physical cash. I think the first step to traction would be convincing Congress that they can get by without $90 BN every year. (Edit: if they haven't already been convinced).
The Fed generates ~$90 BN of revenue for the US government every year.
And it does it by printing physical cash. I think the first step to traction would be convincing Congress that they can get by without $90 BN every year. (Edit: if they haven't already been convinced).