Your Next Trip to the Bank May Be Your Last

You’re receiving this email as part of your subscription to Andrew Zatlin’s Moneyball Daily [Unsubscribe]( [Moneyball Economics] Your Next Trip to the Bank May Be Your Last Friday, June 10, 2022 Earlier this year, the Fed started flirting with creating a “digital dollar.” Is it trying to be innovative? Or is it just fearful or greedy? Today, I’ll reveal the real reason it’s jumping into this game. Then I’ll explain why it could spell an end to traditional banks — and why it could be a boon for your investment portfolio. [CLICK HERE TO LAUNCH VIDEO OR READ THE FULL TRANSCRIPT BELOW »»]( For a transcript of this video, see below. This transcript has been lightly edited for length and clarity. Your Next Trip to the Bank May Be Your Last The U.S. Federal Reserve is all fired up about creating a digital dollar. Makes sense. For one thing, it would be a money saver… The Fed spends $1 billion a year just to print our money. And the U.S. spends $600 billion a year just to keep the banking system afloat. That’s 85,000 branches and 1.2 million employees. So getting rid of paper money would lead to massive cost savings. But secondly, we basically use digital dollars already. We get paid electronically, we pay bills online, we use credit cards. In fact, we barely touch paper money at all anymore. But those aren’t the real reasons the Fed is so fired up about a new digital currency… Out of Control! Here’s the real reason: The Fed has lost control! It all started with cryptos, because cryptos don’t depend on banks. But then China gave us a slap — and that’s when things started to heat up. You see, a lot of America’s power relies on the U.S. dollar being the reserve currency for the world. China doesn’t like that. It would LOVE to destabilize the U.S. dollar. That’s why, a few years ago, it launched a digital currency: the e-CNY, or the digital yuan. And ever since, it’s been trying to challenge the U.S. dollar. This is what’s forcing the Fed to take initiative now. So what happens next? Your Privacy is at Stake Well, for a digital dollar to be launched, the Fed says it needs to have four characteristics: - Privacy protection. - Intermediation. - Transferability. - Identity verification. Some of these characteristics are meant to throw traditional banks a bone. To keep them relevant. Take privacy protection, for example. A digital dollar would enable the Fed to track your every transaction. Oh, but don’t worry, folks: it’s already said, “Hey, don’t worry, we’ll respect your privacy.” That’s BS! In truth, it would simply have the banks do the monitoring. After all, they already monitor big transactions anyway. Obviously, this aspect is extremely concerning. But for investors, there’s a bigger point here… The End to Banks? A shift to a digital dollar would cause major disruption to the existing financial industry. Think about it: if people lose their financial privacy, they’ll be more likely to turn to crypto. But more importantly, if everything becomes digital, you’ll no longer need to go into a bank. So why have banks at all? Bottom line: banks might become an endangered species. And with that in mind, I’d advise two things… Here’s a Plan of Attack for Investors First, look at your portfolio… Do you hold any bank stocks? If so, it might be time to think twice. Second, look at some of the leading companies in fintech — for example, look at companies like Venmo/PayPal (Nasdaq: PYPL), Square (NYSE: SQ), and Mastercard (NYSE: MA). Each of them has been boxed-out of the traditional banking game of taking deposits. But with a digital dollar, now they could custody your assets. They could become major players. If you’re a “Pro” subscriber, I’ve got a big specific idea on how to play this potential upcoming shift. Check it out! In the meantime, Zatlin out. Talk to you soon. FOR MONEYBALL PRO READERS ONLY > [LEARN MORE]( < In it to win it, [Andrew Zatlin] Andrew Zatlin Moneyball Economics Copyright 2022 © Moneyball Economics, All rights reserved. You signed up on []( Our mailing address is: Moneyball Economics 201 International Circle Suite 110 Hunt Valley, MD 21030 [Update Subscription Preferences]( | [Unsubscribe from this list]( | [Terms & Privacy]( RISK NOTICE: All investing comes with risk. That includes the investments teased in this letter. You should never invest more than you can afford to lose. Please use this research for the purpose that it's intended — as research only. You should consult a professional financial advisor before ever taking a position in any securities you see herein. SECURITY HOLDING NOTICE: Although we are never compensated from any companies for coverage, you should be aware that Moneyball Economics, its authors, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. While authors might actively transact in the securities mentioned, they will always have a net position that is consistent with the position set forth in our research reports, letters and updates. DISCLAIMERS: The work included in this communication is based on diverse sources including SEC filings, current events, interviews, corporate press releases, and information published on funding platforms, but the views we express and the conclusions we reach are our own. As such, this content may contain errors, and any investments described in this content should be made only after reviewing the filings and/or financial statements of the company, and only after consulting with your investment advisor. Actual results may differ significantly from the results described herein. Furthermore, nothing published by Moneyball Economics, Inc should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. Moneyball Economics is an independent provider of education, information and research on publicly traded companies, and as such, it accepts no direct or indirect compensation from any companies or third parties mentioned in any of our letters, reports or updates