I saw earlier posts about getting back to the gold standard, but that would be a multi-stage process, also hinged on if Vance wins 2028.
As much I would love to just kill it, I feel that a boiling frog approach is more needed:
- Repeal Dodd-Frank
- Return Glass-Steagle, possibly with less of the regulatory clauses so monetary self discipline in the private sector is expected
- Have an internal audit of Fort Knox and start buying up Gold within the international market. Open up gold mines (Greenland) and try to recoup enough gold to be at least the world plurality, more preferably have a larger gold reserve than all of BRICS or the EU, maybe about 20,000 tonnes? That's about 2-3 trillion dollars right now, expensive but worth it.
- Reverse Nixon's cessation of convertibility of dollars to gold. I don't know at what rate
- Repeal any remnants Gold Reserve Act of 1934, protect and enshrine the private right to own precious metals (and crypto) and allow dollars to be traded for gold
- Further shed and wither out Glass Steagle
- Formally abolish the Federal Reserve