It was a forensic puzzle, the Fed

 I knew that float had to be building in the system. And I knew the monetary build up was on a generation basis, and I knew the start marker. The Fed was not loosing cash, it was hoarding asset to9o long to return to normal.

I got curiouser and curiouser about that systematic rising CPI, that was no expectations. There it was, the long term slow build up of the Fed balance sheet. They were slow to raise and to fast to drop, the result is each cycle takes longer and longer to normalize, as Yellen calls it. Eventually we have the aliasing collisions, the Fed is not sampling fast enough in the market to avoid collisions with Treasury.

Pure spectral theory handles this, loops in the accounts go different directions and the Fed and Treasury built a collider, and the to had spin interaction. That last paper says it all, we need the S/Ls they get us around the collisions, and we need Treasury independent of anyone, it has its own created slush fund, a must in my opinion. It must execute the power of coinage directly, because the power is getting exercised one way or the other.

One can see the problem. If we leave the Fed in the current state, we are resetting prices back to Nixon, an impossibility. Simply by its mandate, it will increase its monopolization as necessary and take us through very turbulent time of increasing Fed tax.

They have one currently legal path forward, just execute the law as written, put the seigniorge power onto Treasury and continue. If a House of Senate member goes to the Supremes, call me. If Treasurytries to dump the balance sheet all at once, then the house and senate can intervene, but the New Fed should retain some legal security over that. Besides, we have Yellen in control for four years. She is a closet sandboxer, so it Powell. The monetary cycle goes to 15 years. Treasury inflation tax goes as seven years, countering government wobble.  The house can adjust taxes every three years. 

The generations get two of these per career.