The Future of Money: Exploring the Advantages and Drawbacks of the Digital Dollar and FedNow | Money Moves

Millionaire Mindcast

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4.4 • 716 Ratings

🗓️ 12 April 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of Millionaire Mindcast, the dynamic duo is back. Matty A and Ryan Breedwell talk about the future of money. Exploring the advantages and drawbacks of the digital dollar and FedNow. So tune in, and enjoy!

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Transcript

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0:00.0	The majority of everything is pointing towards that we have an easing of inflation coming,
0:04.8	even if we're going to have these little bumps. It's not going to be a smooth curve all the way down.
0:08.3	It can be a bumpy ride down, just like it was a bumpy ride up. But it is still pointing towards
0:13.2	that we have interest rate easing coming and likely interest rate cuts. I'm still going to stay in that
0:19.0	camp, which is a small one right now, but those are the general camps that win cuts towards the end of the year. I don't know if it's
0:24.5	going to be two to three cuts, but I'll say at least two right now is on my radar.
0:35.2	What's going on, guys? Welcome into today's episode of Money Moves, where we cover all things,
0:41.2	stocks, real estate investing, and personal finance to help you on your March to a million
0:46.5	and beyond, as always, $1 million.
0:50.7	I'm your host, Mattie A, my co-host, Mr. Breedwell. How are we doing, brother?
0:54.4	I'm doing good, man. Happy post-Easter holiday weekend. That's normally a hard one to survive with the family.
1:01.9	Yeah, my kids, they act like it's freaking Christmas. Like, they are so excited to go to bed and wake up early and see what's in the eggs.
1:12.7	And we had a good, good family day.
1:14.6	The weather's turning nice out here in Cali.
1:18.3	So we got a little pool day, a little swimming in, a little pasta, little vino.
1:22.9	It was a good.
1:24.1	Last week was good.
1:25.0	I was out in Napa.
1:26.3	Oh, yeah.
1:27.4	Got to host some friends out of. One time, Matt was out in Napa and I was good. Last week was good. I was out in Napa. Oh, yeah. Got to host some friends out.
1:28.6	One time to Matt, Matt was out in Napa and I was not.
1:31.3	I know.
	...

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