But that is not what Trump is doing. He is using the Fed to take on as much debt in the nation as possible. Why? Because there will be an audit of the Fed an

But that is not what Trump is doing. He is using the Fed to take on as much debt in the nation as possible. Why? Because there will be an audit of the Fed and it will be discovered that the Fed has been misusing their funds. This will allow the US government to cry foul and dis-organize the Fed - in effect, declare bankruptcy. What does that do the US? It basically stimulates the economy by forgiving that debt the Fed bought. What does it do to the central banks to whom the Fed owes money? Naysayers take note: The IRS stopped all collection actions back in January. IRS filing and payment deadlines were delayed. How was that possible? The president just can't wave a magic wand and make the Federal Reserve jump through a hoop. Or can he? What's the current EFFR?