FedNow: The Thin Edge of the Wedge

The Federal Reserve's latest offering, FedNow, is set to revolutionize the U.S. payment landscape by allowing bank customers to send and receive money in real time, 24/7. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy FedNow: The Thin Edge of the Wedge Christian DeHaemer | Jul 26, 2023 The Federal Reserve's latest offering, FedNow, is set to revolutionize the U.S. payment landscape by allowing bank customers to send and receive money in real time, 24/7. The Need for Speed The existing payment system in the United States relies heavily on the Automated Clearing House (ACH) for fund transfers between financial institutions. While the ACH has evolved to offer same-day payment transfers, it still operates primarily during normal business hours, resulting in delays and limitations on weekends. In the era of instant access, no one should be waiting for a check to clear. Last year, ACH handled 30 billion payments, valued at close to $73 trillion. FedNow aims to gradually replace those old systems. This behind-the-scenes network, though not directly accessible to consumers, promises to allow bill payments, paychecks, and other common transactions to be available instantly and without interruption. This 1,000x Supply-Demand Gap Could Mint Millionaires Airlines are in panic mode... They’re forced to replace kerosene with a new fuel. Seven airlines just committed to buying a total of over 1.5 BILLION liters of this groundbreaking fuel. And one little-known company is at the forefront of this massive story. It has signed multimillion-dollar agreements with some of the biggest aviation companies on the planet... Including Delta, American Airlines, British Airways, SAS, and Trafigura. [TT Airlines 2]( As this company is ramping up production, investors stand to rake in massive gains. It’s expected to increase its revenue by an eye-popping 266,721%. And investors who get in BEFORE this happens could turn every $1 into $10 or even $100. Keith Kohl reveals what exactly this fuel is, why airlines are buying every single drop available right now, and how you can get in on this billion-dollar windfall in his latest presentation. [Get the full story here.]( Advantages of FedNow The benefits of FedNow are clear. Once fully operational, individuals will be able to receive their paychecks instantly and use the funds immediately, reducing the need to wait for processing times. Small businesses in particular stand to gain from faster access to cash flows, allowing for more efficient financial management. Lower friction means increased velocity. Money moving around faster is good for the economy. Moreover, gig workers and individuals not on a regular payroll will enjoy faster access to their wages, ensuring greater financial stability. For the federal government, this system holds the potential to accelerate the disbursement of emergency support payments during times of crisis, aiding those in need more promptly. CBDCs This all sounds well and good but the introduction of FedNow is a significant step toward building a robust infrastructure for a central bank digital currency, or CBDC. As you know, a CBDC is a digital form of a country's fiat currency, issued and regulated by the central bank. A CBDC would give the government ultimate control over your money and, when grafted to a social grading system like they have in China and have used as a political weapon in Canada, makes Orwell look like a Sunday school gossip-monger. [QUIZ] 46 BILLION Barrels of Oil?! A massive $5.9 trillion oil boom is about to take place. Three tiny companies just acquired the rights to mine an untapped patch holding 46 billion barrels of oil in a mystery location... And it even has the potential to reach $9 trillion in value if prices reach $200 per barrel! So which country do you think will lead this upcoming oil surge? - Venezuela - Saudi Arabia - Canada - Russia Think you know the answer? [See if you’re right!]( The Path to Tyranny in Three Steps - Technological Advancements: The successful implementation of FedNow necessitates the development and deployment of advanced technologies to ensure smooth and secure real-time transactions. These technological advancements will serve as a solid foundation for a CBDC. - Data Security and Privacy: Real-time payment systems require robust security measures to protect user data and financial information. The lessons learned from securing FedNow will be invaluable in designing secure CBDC systems, ensuring data privacy and mitigating potential cybersecurity risks. - Monetary Policy Flexibility: A CBDC offers central banks increased flexibility in implementing monetary policies. By observing the impact of FedNow on the broader financial landscape, the Federal Reserve can invent all sorts of new methods to corrupt the invisible hand of the market under the guise of economic stability. What It Means The introduction of FedNow will move control of the U.S. payment landscape from private entities to the government. By enabling real-time transactions, the Federal Reserve will claim that it is fostering greater financial inclusivity and boosting economic growth, but we know there is already a private system that was introduced in 2017 that does much the same thing. The implementation of FedNow is a crucial stepping stone toward the issuance of a CBDC. The future of cash is bits and bytes. The problem is that the government, in the form of the Fed or the IRS, will control and manipulate every penny, and, if the past is prologue, that will be very bad indeed. To your wealth, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]Check us out on YouTube!]( Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).