Ending the Fed, says Nik Bhatia,
"...does absolutely nothing to control the drunken-sailor spending by the government, which would likely print the money directly itself to pay for deficit spending, instead of causing the roundabout monetization utilizing the Federal Reserve, primary dealers, and commercial banks."
https://thebitcoinlayer.substack.com/p/do-we-need-to-end-the-fed?