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Elon Musk wants to radically reshape who controls America’s money supply (edition.cnn.com)

submitted 1 month ago by [email protected] to c/[email protected]

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Elon Musk, a key Trump backer who is expected to have considerable sway in helping shape Trump’s policies, included a “100” emoji while resharing Republican Sen. Mike Lee of Utah’s post on X calling for abolishing the Fed.

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[–] [email protected] 16 points 1 month ago

Worse yet, Sen. Lee's recent pitch is "get rid of the FED and then..... well we'll just figure it out after that."

Like literally, the main person behind this has zero clue on what they would do after getting rid of the FED. So not only would they in a single sweep up end the entire US dollar and all the global markets that have built around it. They have absolutely zero plan for what comes next.

Like you could not pitch a "let's fuck everything for the foreseeable future" plan any more than Senator Lee's current idea of how to "fix" things. But I mean dude clerked for Alito in the third circuit, so I mean, shit doesn't fall far from the asshole.