FedNow is now active and available!

The Federal Reserve, at the direction of the US federal government, has now created a quasi digital currency that is 100% controlled by the Federal Reserve. It is called FedNow. It is completely computerized (i.e. digitized) money…and completely controlled by the Federal Reserve at every point imaginable.

FedNow is currently voluntary by banks and other corporations. The question is…How long does it stay ‘voluntary’?

Be very careful of this latest attempt by the government to track everything! This program is one of the first steps towards the Great Reset.

The Fed said 35 banks and credit unions are already participating. Early adopters include JPMorgan Chase and Wells Fargo, with other institutions. Oddly, the Fed has stated repeatedly that FedNow is not a federal digital currency nor an opening step towards one. Interestingly, in the explanation videos it uses a digital currency coin to show how the money is transferred and refers to it as a digital currency service alternative.

FWIW…almost all non-Fed and non-government experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S.. And so this week’s announcement has led to a fresh airing of warnings about potential privacy and control risks around a digital dollar.

Not alone, one notable expert in this field states what critics have all been suggesting, “…the launch of Fednow to be a move toward an eventual central bank digital currency and a cashless society. They argue that the government having access to every transaction opens the door to authoritarianism and abuse.”

To read more about FedNow – < click here >

Danger Sign Articles –

• Danger Sign – Economy
• Danger Sign – FedNow is now active!
• Danger Sign – Stock Markets

note: Remember, I an not a market expert, a stock broker, an economist, or any other kind of financial expert. I am simply passing along some danger signs that influence me.

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