HARBINGERS DAILY/ Mark Hitchcock-
The Bible tells us that when the antichrist comes on the scene, he’s going to gain a foothold of global power. The beginning strategy of his power grab will be to first gain control over the world economy. It’s a lot faster and easier to gain economic control with all the means that are available today than it is to achieve military and political power. Once you have that economic control, you control people’s lives, and you can then take them over politically and militarily as well.
According to Revelation chapter 13, the antichrist will have iron-fisted control over all buying and selling. Bible prophecy teachers for decades have said that a cashless society will be required. What we see today developing in our world is a cashless society on steroids.
Recently, a new entity was created called the FedNow Service. The FedNow Service is a portal created by the Federal Reserve, which permits financial institutions to exchange funds digitally in real-time.
The government website in early July stated:
The Federal Reserve on Thursday announced that its new system for instant payments, the FedNow® Service, is now live. Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of the year.
Federal Reserve Chair Jerome H. Powell [said,] “Over time, as more banks choose to use this new tool, the benefits to individuals and businesses will include enabling a person to immediately receive a paycheck, or a company to instantly access funds when an invoice is paid.”
To start, 35 early-adopting banks and credit unions, as well as the U.S. Department of the Treasury’s Bureau of the Fiscal Service, are ready with instant payments capabilities via the FedNow Service. In addition, 16 service providers are ready to support payment processing for banks and credit unions. Continue reading…
