So for those of you who've been under a rock, boatloads of banks have been failing left and right over the last few weeks, way before Silicon Valley Bank went under, there were smaller banks failing all over the place. Now, there are many different reasons for these bank failures, but what nobody's paying attention to is the actual rollout of what's called the Fed Now app and its relationship to those bank failures. You see, most of these banks that are failing at this particular point in time have been working on developing their own digital currencies, just like the federal government. So for those of you who don't know what the Fed Now app. Don't worry, as usual. I got you. Come on. So, fed Now is a new real-time payment system that was developed by the Federal Reserve of the United States. The whole purpose of this new system is to take over facilitating payments between individuals, businesses, and other entities. No more Venmo, no more Cash app, no more Zelle, no more them not knowing what you're doing. , the federal government will actually have direct access to not your bank account, but every single transaction that you process. And they're gonna be deploying this system to allow third-party vendors access to collecting these payments on behalf of the Federal Reserve. Now, the government is trying to pitch this thing as a more secure, more instant access way to process payments, especially to businesses. But make no mistake, these bigger banks are buying up all these baby failing banks, and they're absorbing all the debt that goes along with it. And the reason they can get away with this is because the federal government's simply going to print an untold amount of money to save those bigger banks, and the government is finally gonna be in the pocket of every single institution in the United States. ✅ If you like this video please subscribe to the channel for future updates on “Best Credit Consultation, Hacks, And Tips” on Youtube! https://www.youtube.com/c/JustJWoodfin ✅ Find the links to everything featured in my videos as well as credit-building products, services, and resources: KreditMD.com/social 👉 Get your credit reports and FICO Scores: www.9ficos.com (Powered by MyScoreIQ) If you need help with your credit, text #HelpMe to 310.919.2002 so I can give you a FREE analysis of whether or not credit repair is the correct move for you and your situation! ============================= ✅ Other Videos You Might Be Interested In Watching: 👉 Can you see the problem with this?!🤦🏾♂️ #Shorts https://www.youtube.com/shorts/TKwddbTrACo 👉 NAVY FEDERAL LATE-NIGHT APPROVAL HACK! #Shorts https://www.youtube.com/shorts/eTdfk30WGFY 👉 Rules for Applying w/Navy FederalCredit Union 🏦 #Shorts https://www.youtube.com/shorts/7ijS94ted8A 👉 Every time you use your 💳debit card you lose! 👎🏾#Shorts https://www.youtube.com/shorts/mqhWW5_9jcE ============================= ✅ About J. Woodfin: I'm going to teach you the Kredit game! So if you're having trouble understanding credit...Don't Worry...As Usual...I Gotchu! C'mon! 😉 IYKYK Don’t forget to subscribe and click the notification bell 🔔 https://www.youtube.com/c/JustJWoodfin Feel free to contact me on: For a FREE credit consultation with J. Just text #HelpMe to 833.524.7800. Let's get you on my calendar so we can talk about your situation. ================================= Tags: #FedNow #FederalReserve #TheFed #DigitalCurrency #GlobalDigitalCurrency #CentralBankDigitalCurrency #CBDC #CentralBankDigitalCurrencyExplained #FedNowService #DigitalCurrencyInIndia #Bitcoin #Crypto #Cryptocurrency #FederalReserveExplained #Inflation #RBIDigitalCurrency #FedNowXRP #Stocks #DigitalCurrencyNews #InterestRates #DigitalDollar #FederalReserveDigitalCurrency #WhatIsDigitalCurrency #FederalReserveSystem #DigitalCurrencyRevolution #Fed #FederalReserveBank #Ethereum #FasterPayments #BitcoinPrice #Markets #BitcoinNews #Fintech #XRP #CryptocurrencyNews #RealTimePayments #News #CryptoNews #RealTimePayment #FasterPayment #InstantPayments #CryptoNewsToday #SiliconValleyBank #BTC #DigitalCurrencies #PaymentToken #PaymentSolutions #QuantitativeEasing #BreakingNews #FedRateHike #Recession Related Phrases: Disclaimer: I am not a financial advisor. Do not take anything on Youtube as financial advice. Always do your own research. Consult a professional investment advisor before making any investment decisions! My youtube channel is for educational purposes only! Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use © J.Woodfin
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