Shifting Your Bank Accounts to FedNow Without Your Knowledge – by Lynette Zang

ITM Trading, Released on 7/25/23

The FedNow payment system launched four days ago and there are major concerns about how this infrastructure could lead to Central Bank Digital Currencies, and the reset of the USD. Your money is becoming less and less safe by the day. One of our clients received a suspicious letter from their bank telling them there were some “exciting changes” coming. The letter said most of their account information would stay the same but some account features and their online experience would be changing. I asked to see the prospectus and after days of digging, I just confirmed that FedNow was behind these changes, and I’ll show you how they’re doing it. I’ve been saying for years that the shift is going to happen without you knowing about it, and by the time it does, it’ll be too late for whatever money you left in the system. This is about how to do your own digging, how to read between the lines, and how to protect your assets from financial manipulation and control.

0:00 Fednow Payment System
2:17 Webster Bank
5:25 What Will Change
10:18 Money Pass & Fiserv
17:47 Gold ETF Flows
20:11 Building Your Foundation

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future.

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