Dear Reader,
If you operate a standard checking or savings account, your money could be moved onto a new government-controlled network called FedNow.
The Fed is calling it a "speed upgrade" for the banking system.
They are telling banks …
"Join our new FedNow network and your customers will be able to send and receive money in seconds. Any time. Any day. Holidays included."
No wonder over 1,500 banks and credit unions have already signed on.
But here's what nobody's talking about …
For the first time in history, every single transaction moving through the US banking system will pass through one centralized "Fed-controlled" hub …
Silently tracking every purchase, transfer, bill payment and donation you make.
Currently, $2 TRILLION worth of transactions go through the traditional network every single day. But soon, it will be funneled through the new network that the Federal Reserve has built, operates and can see in real time.
That's the part buried in the Federal Reserve Docket No. OP-1670.
In fact, on page 84 of the 93-page document, they admit that it will make it easier to track the spending of Americans.
That's why I've put together 4 steps to "Fed proof" your savings before FedNow grants them complete control over your savings.
Discover the 4 simple steps here.
Good luck and God bless!
 |
Martin D. Weiss, PhD
Weiss Ratings Founder |
P.S. I've been watching government moves into personal finance for over 50 years. Cyprus savers didn't see it coming in 2013. Canadian truckers didn't see it coming in 2022. Don't let FedNow catch you off guard. See the 4 "Fed proof" steps before it's too late.
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