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thumbnail of FedNow_Richard_Werner.mp4
thumbnail of FedNow_Richard_Werner.mp4
FedNow_Richard_Werner mp4
(5.18 MB, 502x376 h264) 
Americans unaware; warn them re #FedNow

Elizabeth Glass
@glasselizabeth_
14h
Americans unaware; warn them re #FedNow 
Goal of NY bankers in establishing Fed: eliminate competition (Creature from Jekyll Island).
Fed plan: complete control of where and how you spend your money. 
A free nation can create its own monetary system.

https://youtube.com/watch?v=rB_kSDWw2hk
Mar 20, 2023  #cbdc #banking #money
Richard Werner, Economics Professor and Author of "Princes of the Yen," and Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, discuss the Federal Reserve's FedNow instant payments system, and whether it will be used to usher in Central Bank Digital Currencies (CBDCs), digital tokens issued and controlled by central banks. Werner explains what CBDCs are, and warns that they will be used to bring about 'totalitarian' control and a surveillance economy. He also proposes that the recent banking crisis and consolidation of banks could be used as an excuse to bring about CBDCs, and suggests political solutions that might prevent CBDCs from being implemented.