Episode Details
Back to EpisodesUBS On-Air: Paul Donovan Daily Audio 'End the Fed'
Published 1 year ago
Description
Overnight US President Trump’s influential donor Musk reiterated a desire to “end the Fed.” Abolishing the Federal Reserve is part of the reported Project 2025 blueprint. This sort of talk, immediately ahead of significant trade taxes, is potentially disruptive. A central bank is probably necessary for reserve currency status.