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And this is from uh May of 2021 where uh Jerome Powell is talking about how the Federal Reserve is already investing Heavily in blockchain technology and They're building an instant payment System here's 19 seconds and we'll go to The group here we go we're also as you Know investing heavily right now in Building a new settlement system for Instant payments in the US it'll be the First such major expansion expansion of Our core payment system since the 1970s We found the case for this quite Compelling uh for consumers businesses And and just ensuring that all Financial Instit tions have access to the payments So what I think so important here Johnny Is that Jerome pal is not caught off Guard by this surprise inflation Narrative that we're seeing now Obviously they're stating that they Can't get it back down to 2% they're Already raising rates once I mean Lowering rates once again because it's Just not going to happen we're not going To get back to a 2% inflation rate the Best we can hope for is about 4% so I've Said a lot of
