•

Does Elon Musk (or CEO Linda) know about FedNow?

The Fed this summer will take another step in developing a digital currency

https://www.cnbc.com/2021/05/20/the-fed-this-summer-will-take-another-step-ahead-in-developing-a-digital-currency.html

The Federal Reserve will release a research paper this summer that explores a move to a central bank digital currency.

The Fed this summer will take another step in developing a digital currency

The Federal Reserve has already launched a small test of near-instantaneous financial transactions. Every time they talk about payments as a future feature of X/Twitter, I wonder if they know that’s getting Sherlocked.

24 comments

See all comments

JuliusSeizure

•

It is hard to get away with the crimes the bankers and other big finance entities have grown accustomed to committing as a part of their day to day business with instant resolution. Read up on failing to deliver, or as entities like Citadel like to term it, “sold, not yet purchased", like they did to the tune of 60B dollars.

It is like selling someone a house that you don't own and may not even really exist. They can do this because they have a time period in which they have some leeway before they have to deliver the “deed" so to speak. It goes deeper than that but that is a simplified high level overview of the scam.

Simply put, the stock market is all fake and nothing is valued appropriately because price discovery us impossible with naked shorting and the use of OTC and dark pools.