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IPFS News Link • Federal Reserve

The Fed Wants to End Money as We Know It

• The Daily News from the Art of Liberty Foundation

By Nomi Prins, Editor, Inside Wall Street with Nomi Prins

Its new digital payments system, FedNow, will debut in July.

According to Richmond Fed President Tom Barkin, it will create "a leading-edge payments system that is resilient, adaptive, and accessible."

Now, if you're a regular reader, you probably knew this was coming.

I've written before about the government's desire to move away from physical cash and towards a central bank digital currency (CBDC).

But that desire had been pretty wishy-washy up until this point.


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