Roundtable Discussion
We will discuss FedNow, what it is exactly, what are the implications of this new payment rail. It’s potential leading toward a future CDBC. Its potential to create a crisis. Its potential to be used during a crisis. We also will discuss FedNow in the context of the Storehouse Vision.
This is Part 2 to last weeks discussion: Pennies on the Dollar. (if you missed last week’s discussion, this would be a good one to join).
Prophetic Warning?
Troy Black word: https://youtu.be/XWdS6zJM-lI (6 min long)
Troy Black follow-up word: https://youtu.be/2OrukMUMX8M (24 min)
Troy Black key prophetic phrases
“The Pennies on the Dollar”
“Warn My People of It’s Coming”
“Three Days” (week and half total from July 9th)
$20 bills individually rolled up in jars/can
“It would be better to put money in a jar on the counter…”
“It would be better in a safe”
FedNow
Week and a half time frame of the warning
July 9th – July 20th = week and a half
Unbeknownst when word given, FedNow launched July 20th
FedNow https://www.frbservices.org/financial-services/fednow
FedNow video from 2021: https://youtu.be/le8Me8AfK8k
Risk: More Runs on the Banks
(sent to Gary Crawford July 19th, day before FedNow surprise launch day)
Risk: Could be used in a Crisis
SWIFT payment system and ISO 200022
FedNow uses a new (to the Federal Reserve) data format for sending payments through FedNow. In fact, it is the same standard as SWIFT now uses, which is a European based international payment system. They utilize the ISO 200022 message standard and so now, the Fed is going to adopt that standard go forward. That implies it will be very easy to subsume the Federal Reserve dollar system and payments into SWIFT which is closely aligned with Europe, The Euro, and the European Union, being HQed in Belgium and being principally owned as a cooperative corporation by its member banks, which are primarily European (Deutsche Bank, HSBC, Santander, etc.)
Payment System = Buying and Selling
It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name.
Revelation 13:16-17
Storehouse Vision
Excerpt from webpage: https://newbreed.co/storehouse/
It can be as simple as 10 people coming together and putting $100 each into a coffee can.
The Storehouse Visions intends to have Storehouse Communities and Funds to be separate/independent from the Fed Reserve banking system and the financial markets. This is part of the “Break-Away Bridges” strategy.
Regional Storehouses are already putting into practice the following break-away bridges:
- Putting money to work by investing in people and Kingdom projects (eg, loan refinancing, housing, auto financing, 10 Days of Prayer Film, etc.) Ecclesiastes 11. Cast you bread on many waters and it will come back to you.
- Holding physical currency instead of keeping everything in the bank.
- Not investing money in the financial markets / credit products (stocks, bonds, swaps, money markets)
- Storing resources in precious metals through a fractional metals physical ownership platform, such as OWNX.com
- Storing resources in grain, food stuffs, tools, other reusable supplies
- Investing in community gardens and farms. Growing food locally.
- Investing in Community water supply, electrical generation, etc.
- Finally, the biggest “hedge” or strength of the Storehouse Vision is the value of the Storehouse Community – i.e., people working together in unity under God for His purposes to help others.
Other Relevant Background Reading / Discussions:
Break-away Bridges
CDBCs
Banking Crisis
Banking Crisis Over?
Debt Ceiling
newbreed.co 