The US Petrodollar is on its deathbed and the solution that will save us all is the FedNow system. This new system has been implemented about a week ago and since it’s opt in; It will take sometime before most people are banking with it. The system promises instant 24/7 transactions but zero fraud protection and it is the precursor to centralizing the money system even more with CBDC. I am on board with fiat being dead but since it’s how most people still transact; It does leave me concerned that the FED is moving as quickly as they can to having total control of the money supply. Those are just my thoughts. What are yours? Don’t forget to vote on the poll and to comment below!
Introducing the Daily Poll and its Archive
For well over a year I have been posting a poll on the member site for Eric D July. It’s a paid forum so my archive of polls won’t be accessible to most readers. I will start a new archive here and post the same poll I post to the site on my substack. These ones are usually quite short but some get up a bit in word count so don’t expect the most eloquen…