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Eric Hyde's avatar

Wednesday will be a big day!

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Akash Kundu's avatar

Definitely! The Fed will have to choose between fighting inflation or saving the financial system!

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Bert Powers's avatar

My guess is they will let the digital currency friendly banks take over the others, or just let the ones who are not open to the digital concept, collapse.

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Akash Kundu's avatar

I agree with you; I heard that the Fed would release "FedNow," an instant payment service, in July of this year. This service will allow banks to transfer payments across the financial system instantly.

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Bert Powers's avatar

What a creative name for it 😉

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Mar 22, 2023
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Akash Kundu's avatar

Thank you so much, Jack!

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Mar 22, 2023
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Akash Kundu's avatar

Can you post for me?

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