The "FED Now" Is A Control Mechanism. Rick Rule | Crypto
15The FED Now Is A Control Mechanism. Rick Rule Crypto Bitcoin News Bitcoin Crash Crypto News
Hello everyone, today our guest Rick Rule, is a prominent figure in the world of finance. During the recent Rule Symposium in Boca Raton, Florida, the US Federal Reserve's new FedNow payment system became a prominent point of discussion. Rick Rule, a notable figure at the event, expressed his concerns about its implications during an interview. He finds it "horrifying" as he believes FedNow is intended as a settlement system for a central bank digital currency, and he dislikes the idea of an additional layer of control being imposed by the government.
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