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The FedNow Service is a new instant payment service that the Federal Reserve Banks are developing to enable financial institutions of every size, and in every community across the U.S., to provide safe and efficient instant payment services in real time, around the clock, every day of the year. Through financial institutions participating in the FedNow Service, businesses and individuals will be able to send and receive instant payments conveniently, and recipients will have full access to funds immediately, giving them greater flexibility to manage their money and make time-sensitive payments. Consistent with the Federal Reserve’s historical role of providing payment services alongside private-sector providers, the FedNow Service will provide choice in the market for clearing and settling instant payments as well as promote resiliency through redundancy. Financial institutions and their service providers will be able to use the service as a springboard to provide innovative instant payment services to customers. We will update this page as we have more information about this new service, which is under development and will continue to evolve.
The noose is tightening around our necks.No, then we'll have an even bigger problem.
If that's what it is, and I believe you may very well be correct, ain't nothin' you or I are gonna do to stop it.My concern with it is that this is going to become the plumbing for the implementation of the one world global currency that will herald the mark of the beast.
Only if people are foolish and blind enough to start using it.Goodbye credit card companies, bitcoin and any other competition that prohibit the government from sucking every dime out of you.
And the smoke of their torment will rise for ever and ever. There will be no rest day or night for those who worship the beast and its image, or for anyone who receives the mark of its name.”
Sadly I suspect you are correctWhen they have fully implemented their "reset" - each of us will face a very tough choice.
Comply with the new regime for the sake of short term comfort...or - resist and eat bugs while being hunted until you die. Thats where things are headed folks...personally I have already made my choice (and I pray I will be deemed worthy to escape what is coming on the earth).
When they have fully implemented their "reset" - each of us will face a very tough choice.
Comply with the new regime for the sake of short term comfort...or - resist and eat bugs while being hunted until you die. Thats where things are headed folks...personally I have already made my choice (and I pray I will be deemed worthy to escape what is coming on the earth).
My choice would be simple. Starting a new sect of some sort of New Age Amish. Will make it up as we go.
When they have fully implemented their "reset" - each of us will face a very tough choice.
Comply with the new regime for the sake of short term comfort...or - resist and eat bugs while being hunted until you die. Thats where things are headed folks...personally I have already made my choice (and I pray I will be deemed worthy to escape what is coming on the earth).
That I wont be around when all this evil comes to fruition.Straw, what do you mean by "deemed worthy to escape"?
Through all of history there has been Black Markets that moved behind rulers and empires.If that's what it is, and I believe you may very well be correct, ain't nothin' you or I are gonna do to stop it.
Only if people are foolish and blind enough to start using it.
Which means, better get ready for its eventuality.
The gov will change the definition of "US dollar" to include the new digital dollars.if i took out a loan in USD and find myself, one day, unable to obtain any more USD, how will I be able to pay this debt off?
understoodThe gov will change the definition of "US dollar" to include the new digital dollars.
.....and then at some point change it again to exclude paper US dollars.
With all that has happened in just the past couple of years - do you still believe there is a "rule of law" that the courts would uphold?i'm still trying to figure out something:
if i took out a loan in USD and find myself, one day, unable to obtain any more USD, how will I be able to pay this debt off?
and if i don't agree that our contract was to be payable in any other form of fiat, whether physical or not, where will that leave the debt???
how can this be enforced in a court of law?
That's why Lawyers get paid the big bucks. Court are just legal ways to argue.how can this be enforced in a court of law?
They have a little problem.When they have fully implemented their "reset" - each of us will face a very tough choice.
Comply with the new regime for the sake of short term comfort...or - resist and eat bugs while being hunted until you die. Thats where things are headed folks...personally I have already made my choice (and I pray I will be deemed worthy to escape what is coming on the earth).
A friends brother took them to court. Did it all pre se too and beat them. Now has 2 houses with no mortgage. Only problem is he can't get a clean title anymore but he and his family can keep them forever. Probably won't be able to sell them though.With all that has happened in just the past couple of years - do you still believe there is a "rule of law" that the courts would uphold?
Case in point - considering there were over 100 lawsuits filed related to the 2020 election and the various violations of law that occurred - many of which were exhaustively documents - while still others were blatantly illegal on their face - how many evidentiary hearing were held - in total - on ALL of the lawsuits combined?
ZERO.
The rule of law is dead. They will issue whatever rulings, or edicts or whatnot as needed in order to provide sufficient legal veneer to transpose existing debts into the new currency...
Still doubtful?
Remember MERS? How even though the law throughout the land was for land titles to be processed at the local clerks offices at the county level - the banks decided that in order to facilitate the derivatives market in mortgages - they needed an electronic recording system. As a result - even though those transactions were all illegal on their face - and should have been declared null and void - to this day we still see mortgage payments being made to entities with no proof of title at county clerks around the US.
The law in this country is dead.
I bet he could rent them if he wanted. Maybe even get fancy and create a rental company for that purpose, and maybe sell that rental company. On getting a "clean title", maybe a sharp lawyer could work something out with the legal angles of abandonment, adverse possession, and quit claim to establish something the county recorder would accept.Only problem is he can't get a clean title anymore but he and his family can keep them forever. Probably won't be able to sell them though.
The Federal Reserve's digital payments system, which it promises will help speed up the way money moves around the world, will debut in July.
FedNow, as it will be known, will create "a leading-edge payments system that is resilient, adaptive, and accessible," said Richmond Fed President Tom Barkin, who is the program's executive sponsor.
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Some Fed officials say the program even could supplant the need for a central bank digital currency.
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This is a threat to the banksters' power.
Postal efficiency.What are the issues with the US Government going into direct competition with the private sector in regard to these virtual payment systems?
Obviously Paypal and Venmo are in trouble but anything else I'm missing?
It's been "possible" for awhile. Implementation of such a massive change requires an emergency. Just like how 9/11 was an excuse to usher in mass surveilance, or how the great depression was used as an excuse to steal the Peoples real money.For a good while I've thought a one world currency was possible. Never thought it would happen in my lifetime. Been rethinking that lately.
It's been "possible" for awhile. Implementation of such a massive change requires an emergency
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