What's the best way to destroy massive amounts of USD?

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Give it to billionaires who will never need to spend it. I don't know how efficient it is, but we already have a system set up for it.

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Quantitative easing, heaps of pointless tariffs, a brain drain/immigration crackdown to get rid of all the cheapest and smartest labor, and broad policies of isolationism so that the dollar loses world reserve status.

All of this is already happening, and I halfway suppose the OP knows it.

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Before I answer,how much research have you done into the creation of the federal reserve, the mechanisms it uses, and the outcomes it seeks to achieve?

Just want to know what level of baseline knowledge this conversation should assume

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Taxes. This is the most effective way to reduce the amount of money in a system

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For the record the US Treasury does actually physically burn real money. When bills become too degraded, have errors, or generally aren't fit for circulation they need to be removed. They usually contract with an outside disposal company and the process is overseen by the secret service. Usually biomedical waste services have the necessary secure procedures and equipment to properly incinerate cash

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Money gets created in the USD economy all the time, whether by invented debt, cash printing, or the issuance of bonds.

The Federal Reserve targets about a 2% inflation rate:

https://www.federalreserve.gov/economy-at-a-glance-inflation-pce.htm

What is the Fed's inflation target?

The Federal Reserve seeks to achieve inflation at the rate of 2 percent over the longer run as measured by the annual change in the price index for personal consumption expenditures (PCE).

...but that's not something unique to the dollar. Other countries will have central banks that will do the same thing.

For the euro, this is the European Central Bank:

https://www.ecb.europa.eu/mopo/strategy/pricestab/html/index.en.html

The ECB’s Governing Council, after concluding its strategy review in July 2021, considers that price stability is best maintained by aiming for 2% inflation over the medium term.

For the British pound, the Bank of England:

https://www.bankofengland.co.uk/monetary-policy/inflation

We are responsible for keeping inflation (price rises) low and stable. The Government has set us a target of keeping inflation at 2%

Just part of keeping a functional economy.

So let's say you wanted to permanently remove value from the USD economy for some reason.

I think what you're wanting to do is to decrease the money supply, which you wouldn't normally call "removing value from the economy".

You don't normally want to see deflation, as deflationary spirals create problems:

https://en.wikipedia.org/wiki/Deflation

A deflationary spiral is a situation where decreases in the price level lead to lower production, which in turn leads to lower wages and demand, which leads to further decreases in the price level.

But the Federal Reserve can and does create deflationary pressure, reduces the rate of inflation:

https://www.stlouisfed.org/in-plain-english/expansionary-and-contractionary-policy

How Contractionary Monetary Policy Works

Suppose that inflation has exceeded 2 percent for some time and the Fed recognizes that individuals are starting to expect high and rising inflation going forward. In this situation, the FOMC might decide to use contractionary monetary policy to bring actual and expected inflation back toward its target, to maintain price stability.

To do this, the FOMC could raise its target range for the federal funds rate (FFR) and increase the administered rates—interest on reserve balances (IORB) rate, overnight reverse repurchase agreement (ON RRP) offering rate, and discount rate—accordingly.

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Become President and do exactly what Trump is doing.

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If you want to know how to reduce the value of the dollar as a currency, you may want to look at what Trump has been doing since he entered Office.

Otherwise, I'm not sure to understand the question.

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Dollar value is still not go down tho.

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Create and then destroy some crypto currencies and their trading places.

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Removing currency isn't the same as removing value.

The quickest way to remove currency is raising the reverse ratio.

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Give it to the KLF.

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'Destroying' money, either physically burning banknotes or just setting some numbers to a lower value in a digital ledger, does not remove value from the economy. When you create money, usually through debt, it takes its value from the currency that already exists. Money is also destroyed all the time through the payment of debt but not as fast as it's created, that's why its value mostly goes down (prices mostly go up): Money printer goes BRRRRRRRRR, money burner goes brrr.

What matters for an economy, and therefore the value of its currency, is the value they create–simply put, how much resources they exploit and how efficiently. The most important resource (in my opinion at least) is people.

So if you want to remove value from an economy you have to take those resources away, or make them hard or impossible to exploit efficiently by them, or make them obsolete...

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Would the plot of Goldfinger help here?

What would happen if you nuked Fort Knox? Especially now that the dollar isn't backed by gold?

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You are incorrect about the goal. I am talking about destroying value, not reducing money supply.

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Some of the things that you have in your post don't make much sense to me, then, since you're talking about the money supply in at least part of it: "Money gets created in the USD economy all the time, whether by invented debt, cash printing, or the issuance of bonds."

I'm not sure if it's really coherent to aim to "destroy value" in the "USD economy".

If you want to reduce the size of the US GDP --- though that'd be linked to the US, rather than the US dollar --- you could reduce that by reducing economic activity. Like, say everyone in the US works four days instead of five, and then there'd be less economic activity, and that would cause the GDP to decline.

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Create a new currency using USD as a base; stop printing USD, re-evaluate USD to be near worthless compared to new currency (1 USD : 100 N(ew)USD

Following this, implement either hyperinflation after USD is largely switched over, and it'll destroy 99% of value, or you can stop printing right after, and NUSD will quickly devolve lower than it can even be represented, leading to inflating prices, and less use of NUSD in place of literally anything else, with no access of USD to even return to

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Consequences will happen eventually.

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emp bombs in the right places

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~~EMP bombs are not real~~

I was wrong, EMP bombs are real

https://science.howstuffworks.com/e-bomb3.htm

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What's the best way to destroy massive amounts of USD?