Episode 115
Debunking Myths About FedNow (EP.115)
The Long Term Investor · Peter Lazaroff
August 30, 20239m 44s
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Show Notes
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
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