Everything You Need to Know About FedNow

Tags: Money and Banking, Bitcoin, Central Banks, The Fed

07/28/2023 Robert P. Murphy David Brady, Jr.

David Brady, Jr. discusses his recent article at mises.org, in which he argues that the newly launched “FedNOW” system isn’t a CBDC. Even so, there are dangers from FedNOW, such as exacerbating bank runs. David also explains the new Mises Apprenticeship program, of which he is a member.

David’s Article on Mises.org: Mises.org/HAP406a George Selgin Cato Article on FedNow: Mises.org/HAP406b

Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime: Mises.org/Nashville23

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Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.