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End the Fed? Why America’s backup plan may be its gold stash | Peter St Onge

What if ending the Federal Reserve was not just a wild idea but a clear path to economic freedom? Economist Peter St. Onge of the Heritage Foundation laid out his bold vision for a world without the Fed in an interview with Jeremy Szafron, Anchor at Kitco News. St Onge explained how dismantling the central bank could bring an end to inflation, eliminate recessions, and reinvigorate the U.S. economy. Drawing on history, St. Onge highlighted that America thrived for 140 years without a central bank and argued that returning to a gold-backed currency is not just possible, but essential. St. Onge also tackled the broader implications of de-dollarization, the rise of Bitcoin as "digital gold," and the impact of Trump-era policies on monetary stability. With predictions for 2025, he explored whether the U.S. is already in a recession and how alternative financial systems like Bitcoin could reshape global economies. This interview delivers deep insights into the Fed's role in modern economics and presents a radical alternative to the status quo. This video is brought to you by Goldback --- Inflation-resistant, 24K gold currency. Learn where to get Goldbacks at https://www.goldback.com/

Guests: Peter St Onge
Source: Kitco News
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