Comment: federal reserve..replace with what and how..?

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federal reserve..replace with what and how..?

Clarification please..I would love to hear exactly howe Dr Paul will end the fed and what will be in its place..who will issue our currency ..how will all this evolve ands how will our new monetary interface with the other central banks in the world. I have not heard the details of his propoed fed change.. please explain here.... thanks.. jP