57 Companies Get On FedNow | What’s Really Going On?
We kick off with an overview of the Federal Reserve's 'FedNow', an instant payment system to be used by 57 firms upon its launch in late July, marking a significant step in modernizing payment infrastructure. Meanwhile, Visa's $1 billion acquisition of Brazil's Pismo suggests an easing of the fintech M&A slowdown. We then shift focus to macroeconomic developments, starting with US Treasury Secretary Janet Yellen's anticipated visit to China. As Argentina makes an IMF payment while deal talks continue, we examine what these negotiations could mean for the country's economic future. In the UK, hard-pressed households withdraw a record amount from banks, indicating potential financial stress. We also delve into the changing patterns of international trade and payment systems. In an interesting turn of events, India's refiners have begun making payments for Russian oil imports in yuan, which could have significant implications for global trade and currency dynamics. Next, we share warnings from the Bank for International Settlements on the overdue 'reality check' for the global economy. We look at New Zealand, where high-interest rates have led to a rise in late debt payments, and Turkey's shift to a monetary-tightening era with a significant hike to a 15% interest rate, which, alongside a 35% fall in its trade deficit, signifies a cooling economy. #fednow #techstocks #cbdc
TOPICS AND TIMESTAMPS:
57 Companies FedNow 0:00
Where Is This Going? 10:40
—————————————————————————————————
🔥 All My Tips and Strategies on the Discord Community: 🔥
https://discord.gg/QNgHFgxkq9
—————————————————————————————————
💵 HOW TO MAKE MONEY ON AMAZON: 💵
👉 http://TheAmazonGPS.com 👈
—————————————————————————————————
LOOK THROUGH MY BOOKS! http://books.themoneygps.com
MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
—————————————————————————————————
Sources Used in This Video:
http://bit.ly/TheMoneyGPSSources2023
—————————————————————————————————
#money #inflation #investing
-
19:37
Mark Moss
1 year agoThis Could Cause The Fed To Go Bust!
2021 -
9:14
iCryptoconsult
1 year agoFEDNOW💰 REVOLUTIONIZING MONETARY CONTROL?🔥🤔
5 -
19:48
Heresy Financial
1 year agoHow the Fed Plans to Kill Capitalism (or what’s left of it)
8013 -
36:21
WealthbuilderLLC
1 year agoHow The Fed Will Disrupt Markets in 2023
13 -
11:33
Heresy Financial
1 year agoHow the Fed is Destroying the Middle Class
6267 -
10:33
The Economic Ninja
1 year agoThe Fed Rate Hike
118 -
21:20
maneco64
9 months agoThe Fed is About to Succumb to Higher Treasury Yields.
8013 -
29:32
Info Matrix
1 year agoWhy the Fed Secretly Wants the Banks to Implode
130 -
9:50
Renegade News
1 year ago $0.09 earnedFedNow EXPOSED: The Hidden Agenda Behind the Latest Federal Reserve CON!
3392 -
18:35
Matthew Kratter's Bitcoin University
9 months agoThe Fed Just Went Bankrupt (So Sad)
4864