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The decades-long campaign of Ron Paul to have the Government Accountability Office do a full audit of the Federal Reserve now has 313 sponsors in the House.
Sometimes perseverance does pay off.
If not derailed by the establishment, the audit may happen.
Yet, many columnists and commentators are aghast.
An auditors' probe, they wail, would imperil the Fed's independence and expose it to pressure from Congress to keep interest rates low and money flowing when the need of the nation and economy might call for tightening.
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Ron Paul's Hour of Power
At some point though they will decide the US dollar and the US economy is not worth the risk and stop buying it at that point the US will be forced to either in draconian fashion cutting spending or raising taxes to a rate that is totally unsustainable or default on the debt (like Brazil) or all three. It can also just start printing money like crazy like the CSA did or Germany in the interwar period. But that will cause hyper hyper inflation just like you saw in the CSA and Germany. I suppose like Brazil you could see new currencies issued--we could have the New US Dollar like you had when Taiwan in the 1940s I guess it was introduced...