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Mar 20, 2023
FedNow Instant Payments Are Coming And CBDCs Will Follow
FedNow Instant Payments Are Coming And CBDCs Will Follow
There's absolutely no doubt that our financial system is in flux right now. We're watching a storm approach, and it's about to envelop the entire nation in chaotic conditions. If you think things are crazy now, just hang on to your halo…it's about to get a whole lot worse. Remember how we talked about CBDCs a few weeks ago, and lots of people in the comments said never, no way, and heck no? Well, unfortunately, it's being rolled out and soon. Of course, they're not calling it CBDCs. Not yet. It's under another name, and it's not quite a federal digital currency. I'm sure this, too, will be called a conspiracy theory, but the Federal Reserve is launching FedNow, an instant digital payment system. This in itself is not a Central Bank Digital Currency, but it puts into place the framework needed to make the idea a reality. FedNew will be launched in July, according to a press release from the Federal Reserve. On March 15th, in the midst of the b
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