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Why YOU Should Be Concerned About The Federal Reserve's FED NOW CBDC Launch...
2 years ago
8
Federal Reserve
CBDC
FED NOW
Central Banks
Digital Currencies
China
Japan
India
Cryptocurrency
Inflation
Money Supply
In this video, we discuss the recent launch of the Federal Reserve's CBDC infrastructure called FED NOW and why it could be a disastrous move. We explore the potential benefits and drawbacks of central bank digital currencies and examine the experiences of countries such as China, Japan, and India. While advocates argue that CBDCs will help fight inflation and speed up transaction payments, we also delve into the potential risks such as loss of privacy, government control, and security breaches. Join us to learn why CBDCs could be a formula for tyranny and what alternatives exist to achieve the same goals.
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