methodically… painstakingly… laboriously… pushing toward a fully digital economy — i.e. a cashless society with instantaneous access to funds — ever since the first coin was forged in 600 BC.
FedNow marks the official beginning of such a digital world.
FedNow to increase GDP by $2.7 trillion within its first year of service, FedNow’s residual effect — measured over years… or even decades — is virtually impossible to accurately quantify.
That said, if you’re a “dollar traditionalist”…
This next section might be tough to stomach, as it reads like the greenback’s obituary.
While you’re reading, try to be mindful of the enormous potential for profits.
Rest in Peace U.S. Dollar (1792 – 202X)… Through its extraordinary act of creative destruction…
The Federal Reserve is set to kill America’s 40-year-old banking system, thereby also killing the existing model for payroll deposits, tax refunds, and Social Security payouts, etc.
worst kept secret inside the D.C. Beltway… inside the Oval Office… inside the Pentagon… inside the Capitol rotunda… inside the boardrooms of Fortune 500 companies… and inside the intelligence communities (NSA, CIA, and FBI)…
FedNow’s highest purpose is to kill the U.S. dollar as a fiat (paper) currency.
FedNow is a Prelude to FedCoin. For 80 years running…
The U.S. dollar has ruled the world…
But as the esteemed Brookings Institution puts it…
With Brookings’ stern warning in mind… ===========================================
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