FedNow Brings Us Closer to Global Currency

In this video, we’re learning about the new FedNow system that allows money to be quickly and easily transferred from the central bank to other banks and to consumers. This infrastructure allows currency to move instantly without nearly the amount of time it normally does. According to this video, it also lays the ground work for a global currency that would allow payments and business to move around the world in a near seamless way. Combine that with the new digital dollar and other digital currencies and a new economy order beings to emerge. We’re going to learn more about these new changes.