Excellent writing and topic. If we lose our position as the Worlds Reserve Currency, we are indeed looking at a different world. The Fed is a private institution, we passed a law “the federal reserve act” that gave monitory policy and the economy over to private hands. At the very least, the fed should pay a tax to the government for their exclusive franchise on the monetary system. That tax could balance monetary policy and we should also eliminate the fed from participating in buying stocks, bonds, derivative of any nature. Capitalist need to fall on the their swords with no government intervention on their behalf by the fed. They, the banks and their capitalist cronies case a market failure every 10 years or so. Those companies that can’t make it without fed support need to be eliminated not nursed back to health with free money and garnered bonuses. I could go in forever. Great read, keep on the Fed. Most Americans (80%) have no idea what the Fed is or how it operates. They don’t have a clue that the money in their pocket are “federal reserve notes”! They better learn who controls their money. Or they will lose every nickel.