Topic: Erc

1 chapters across the catalog

Tranarchism
Episode 1578 31:27 - 35:24

1578: Tranarchism

FedNow, Employee Retention Credit Scams

The new FedNow payment network is predicted to disrupt existing merchant processing systems currently dominated by Visa and Mastercard. Additionally, the Employee Retention Credit (ERC) is described as a massive scam exceeding the scale of PPP fraud, potentially adding a trillion dollars to the money supply and exacerbating inflation.