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FedNow Instant Payments Are Arriving Along With CBDCs
There is no doubt that our financial system is in turmoil right now. We are watching a storm approach, which is about to engulf the entire country in chaos. If you think things are crazy right now, hold your halo… It is about to get much, much worse.
As a matter of fact, I addressed CBDCs a few weeks ago, and how many people never said, no way, and hell no in the comments? Unfortunately, it is being rolled out soon.
Of course, they are not referring to it as CBDCs. Actually, not yet.
It goes by another name and is not quite a federal digital currency. This will be classified as a conspiracy theory, but the Federal Reserve is launching FedNow, an instant digital payment system.
This is not a Central Bank Digital Currency in and of itself, but it does lay the groundwork for the concept to develop into a reality.
According to a press release from the Federal Reserve, FedNow will go live in July.