The Federal Reserve should resolve to stop enabling excessive federal spending by purchasing Treasury bonds, thus monetizing the federal debt. The Federal Reserve's monetization of federal debt enables the federal government to amass trillions of debt while running a global empire abroad and a welfare state at home.

The American people feel the effects of the Fed's debt monetization in the form of the regressive inflation tax.

Eventually the monetization of federal debt will lead to a major economic crisis caused by, or resulting in, the rejection of the dollar's world reserve currency status.

The Federal Reserve should also resolve to refrain from developing a Central Bank Digital Currency (CBDC). A digital currency controlled by the Fed will give government new power to violate Americans' financial privacy.

The media should resolve to stop gaslighting the American people with misinformation. For example, the media should stop repeating the lie that a failure to raise the debt ceiling will lead to a government default on its debts. The truth is a refusal to raise the debt ceiling would force Congress to reduce present and future spending — just like most people do when they find themselves in debt.