The Intersection of FedNow, SOFR, Basel III, and CBDCs: Unveiling the Fed’s Real-Time Control of the Financial System

The Intersection of FedNow, SOFR, Basel III, and CBDCs: Unveiling the Fed’s Real-Time Control of the Financial System – Is This Our GCR?

I am not ready to speculate and claim that all of these changes to the Financial System indicate that Our GCR is about to be unveiled. The convergence of FedNow, SOFR, Basel III, and CBDCs marks a significant transformation in the financial system, granting the Federal Reserve real-time control over the economy, including private citizens. How do these interconnected changes shape the future of monetary policy and regulation?