Dollar Dethroned: The Global Currency Shift - Part 2

On The Record with Christian Briggs · Mar 27, 2023 · 40m

Fed Now is a new system that allows individuals and businesses to make real-time payments directly to the Federal Reserve, bypassing intermediaries like banks. The system is set to launch on July 1st and is part of a larger effort to create a centralized, closed-loop system of digital payments. The goal is to increase efficiency, safety and convenience for users. However, some are concerned about the implications of a centralized system that is controlled by the government and the Federal Reserve. Some worry that this will lead to more surveillance and control, and that smaller community…