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The Long Term Investor

Debunking Myths About FedNow (EP.115)

Aug 30, 2023
09:44

The Federal Reserve recently unveiled a new payments system called FedNow that would replace the United State’s antiquated system created more than 50 years ago. But like anything else, change can cause anxiety and there is a lot of false information floating around making matters worse. 

 

Listen now and learn:

  • The basics of the FedNow system 
  • How FedNow is different from digital currency
  • Why Fed should be viewed as a good thing for everyone

 

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

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