The Fed's Digital Dollar will end privacy for all Americans... The Feds's Digital Dollar Is Here! It is official. The digital dollar, once talked about, is here. Reuters reported that on Tuesday November 15th, 2022, a statement from the Fed's of New York, announcing that Global Banking Giants and the New York Fed are testing the digital dollar in a 12-week pilots. Citigroup, HSBC, Mastercard, and Wells Fargo are among the financial companies participating in the experiment. According to New York Fed, the project, which is called the regulated liability network, will use simulated data. How will that affect you and your finances? Well, go figure. You will no longer have any privacy whatsoever. Your hard-earned savings will be "worth-less". Surely the dollar will continue to devalue resulting in heavily diminishing your purchasing power. Learn more. |