From Coindesk: FedNow to debut in less than a year (Jesse Hamilton/CoinDesk) The U.S. Federal Reserve has tightened the window for the launch of its FedNow instant payments platform to between May and July of 2023. According to a press release, FedNow will be open to financial institutions of any size, allowing them to facilitate instant
From: zerohedge As the Federal Reserve attempts to crush aggregate demand through the most aggressive monetary tightening policies in decades to cool red-hot inflation, California Governor Gavin Newsom has come up with the brilliant idea to stoke even more demand through a new round of stimulus checks. NEW: Millions of Californians will be receiving up
From: zerohedgeChina Establishes Liquidity Agreement With BIS, Further Eroding The Dollar | ZeroHedgeThe concept of eastern opposition to globalist institutions is a fanciful one driven perhaps by people's hopes that some country somewhere is going to "make a stand" against the agenda. Unfortunately, the vast majority of nations are irrevocably tied to the machinations of
From: zerohedgeMastercard CEO: SWIFT Payment System May Be Replaced By CBDCs In Five Years | ZeroHedgeThere has been a long list of revelations coming out of the recent World Economic Forum meeting in Davos, but one issue that might have gone under the media radar involves comments by Mastercard CEO Michael Miebach during a discussion
From: zero hedge On Tuesday 26 April in an interview with the newspaper Rossiyskaya Gazeta (RG), the Secretary of the Russian Federation's Security Council, Nikolai Patrushev, said that Russian experts are working on a project to back the Russian ruble with gold and other commodities. The interview, which is in Russian, can be seen
From: zerohedge Goldman has reportedly offered its first ever lending facility backed by BTC as the Wall Street giant deepens its Bitcoin offerings. Goldman Sachs has offered its first bitcoin-backed loan. The arrangement, made popular over the past few years in the Bitcoin industry by newer companies, enables a bitcoin holder to obtain fiat money
Currency Central Holdings Inc. -- 4/21/2022 -- Knoxville, TN -- For the first time since 1971 the US has defaulted on its banking obligations and the PetroDollar system marking 'peak Dollar.' While only a handful of public figures have a handle on the situation, we are concerned that the White House is spreading dangerous misinformation
By Jorge Vilches for the Saker Blog Russia is currently “defaulting” or — in the best of cases — on a very direct and firm path to an inevitable “default”. Or at least this seems to be what the Western press and international rating agencies are pushing and rooting for, same as specialized academia, think-tanks,
From: zerohedge Three weeks ago, when we predicted that the Yen was about to suffer a "downward spiral" (which it did, and prompted the BOJ to beg Yellen for coordinated currency intervention, only to be denied by the Treasury Secretary who is terrified of what importing even more inflation would mean for Biden's catastrophic approval
From: zerohedge At the end of March, we warned that the "Yen was At Risk Of "Explosive" Downward Spiral With Kuroda Trapped"... Yen At Risk Of "Explosive" Downward Spiral With Kuroda Trapped... And Why China May Soon Devalue https://t.co/8UbeP36cJL -- zerohedge (@zerohedge) March 30, 2022 .... and that, more or less, is what happened with
