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Fed launches new payments system that lets you send money in seconds
Yahoo ^ | 07/20/2023

Posted on 07/20/2023 8:51:27 AM PDT by devane617

click here to read article


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To: devane617

FED-NO


21 posted on 07/20/2023 9:14:32 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: agere_contra
I’m going to explore Tally Money, which apparently involves digital-transfer-of-gold-ownership: the gold held in bailment in a vault in Switzerland. An idea whose time has come.

How does that account help you buy a bag of groceries?

22 posted on 07/20/2023 9:14:44 AM PDT by JimRed (TERM LIMITS, NOW! Militia to the border! TRUTH is the new HATE SPEECH.)
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To: devane617

Who wrote this conflicting Word Salad?

Kamala?

First they say this service will be available to consumers and businesses. Then they say it won’t.


23 posted on 07/20/2023 9:19:36 AM PDT by Responsibility2nd (Tagline for sale.)
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To: devane617

“Transient Transactions.” Fed speak.


24 posted on 07/20/2023 9:20:47 AM PDT by donozark (I'm so old I can remember when Motel 6 was actually $6.)
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To: Leaning Right

Welcome to the new, OneWorldgov. The Federal Reserve is Not a govt. agency. They had one responsibility raise or lower interest rates. They couldn’t even manage that. This has been set up for one reason to control our personal and business finances.


25 posted on 07/20/2023 9:30:22 AM PDT by dvan (Send Them Home!Napolatono)
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To: devane617

A gift to the Cartels


26 posted on 07/20/2023 9:32:41 AM PDT by butlerweave
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To: devane617
"The Federal Reserve built the FedNow Service to help make everyday payments over the coming years faster and more convenient,"

What the Captain really means is that "FedNow is the template for Gov't mandated Crypto Currency, wherein, they can control what you're allowed to buy.

You'll never be able to drive more than half a tank of gas away from home again.

27 posted on 07/20/2023 9:34:29 AM PDT by G Larry (It is RACIST to impose SLAVE WAGES on LEGAL Immigrants by importing Cheap ILLEGAL Labor!)
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To: devane617

Whodathunk the mark of the beast would be a big ol’ string of random numbers?

When do the injectable chips get delivered?


28 posted on 07/20/2023 9:37:32 AM PDT by larrytown (A Cadet will not lie, cheat, steal, or tolerate those who do. Then they graduate...)
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To: devane617

You have to:

Track it all to
Tax it all to
Control it all to
Restrict it all.


29 posted on 07/20/2023 9:38:32 AM PDT by aMorePerfectUnion (Fraud vitiates everything)
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To: Signalman

“The govt. will keep track of every penny you spend.”

Alreeady being done.

Shortly after the Obama era rogue Consumr Financial Protection Bureau was created it demanded every financial institution in the country, of any kind, regularly turn over to the CFPB data representing every transaction passed through them. And your stupid Congress critters did not object.

And then we learned this year that the intelligence agencies have been getting away with pretending they are not engaged in domestic spying. True, and false. They now BUY data from everyone that has it.

What is the CFPB and the intelligence community doing with all the data? Fishing expeditions. And as we have seen since 2016 those fishing expeditions may be very political.


30 posted on 07/20/2023 9:39:22 AM PDT by Wuli
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To: devane617

What could possibly go wrong?


31 posted on 07/20/2023 9:39:55 AM PDT by DouglasKC
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To: devane617

I gotta bad feeling about this


32 posted on 07/20/2023 9:44:27 AM PDT by Maelstrom (To prevent misinterpretation or abuse of the Constitution:The Bill of Rights limits government power)
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To: devane617
"The Federal Reserve Thursday officially launched its long-awaited instant payment service FedNow, which allows consumers and businesses to send and receive money in seconds have their transactions surveilled by the federal government in real time without the need to seek a warrant.

Perhaps my edit will explain it.

33 posted on 07/20/2023 9:52:40 AM PDT by Boogieman
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To: JesusIsLord

Wire transfers can still take 1-2 business days for the funds to “clear” and be available in your account. Sounds like this is nearly instantaneous.


34 posted on 07/20/2023 9:53:52 AM PDT by Boogieman
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To: devane617

Because they want a cashless society where they monitor and control all of your spending. If you even say one thing wrong then you get shut off. And the fact the you will know that will prevent you from being anything but a good little girl or boy.


35 posted on 07/20/2023 9:54:37 AM PDT by Revel
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To: TexasGator

I sent $3k to a friend via Zelle. Like buttah.


36 posted on 07/20/2023 9:57:48 AM PDT by sheana
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To: devane617

Because they want to control you. Can you think of any more effective way to do so? If you can control a person’s money then you have complete control over that person. This administration, or should I say the Deep State/Uni-party is leading this nation into tyranny.


37 posted on 07/20/2023 10:00:47 AM PDT by Robert DeLong
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To: devane617

To track your money.

It is a honey pot.


38 posted on 07/20/2023 10:01:38 AM PDT by bobbo666 (Baizuo)
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To: TexasGator

Just got 3500 in a zelle payment.

customer didn’t have a problem at all getting it sent.


39 posted on 07/20/2023 10:04:03 AM PDT by cableguymn
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To: devane617

Ever see a magicians act when something disappears in a puff of smoke.


40 posted on 07/20/2023 10:06:54 AM PDT by Vaduz (....)
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