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FedNow is a ‘Slippery Slope’ to an ‘EVIL’ CBDC — Anchor Michelle Makori Interviews Rich Checkan




Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Rich Checkan, President and Co-Founder of Assets Strategies International, who says the FedNow Service, which launches in July, is a “slippery slope” to an “evil” central bank digital currency (CBDC). Checkan warns the U.S. could be forced into a CBDC to protect the greenback’s status as the world’s reserve currency. He also discusses how the world would look if a CBDC is adopted, pointing out that gold, silver, and Bitcoin will be the new cash.


Michelle Makori is the editor-in-chief and lead anchor for Kitco News, managing all editorial operations (video and written content) covering global markets, economics, commodities, cryptocurrencies, business and technology news.

Michelle is an internationally acclaimed broadcast journalist, news anchor, reporter, and producer and has worked for leading global media organizations including i24News, Bloomberg, CNN Money, CGTN and SABC. As an anchor and reporter, Michelle has covered and analyzed the most significant global economic, financial, and geopolitical events of the past two decades. She has interviewed heads of state, CEOs of Fortune 500 companies, and other political, business, and entertainment leaders.

Born in Israel, raised in South Africa, and now a proud American citizen, Michelle speaks five languages and brings a truly global perspective. Michelle also brings Wall Street experience to her financial news coverage, having received her FINRA financial adviser license (Series 7) and having worked with The Beryl Consulting Group, GFI and Context Summits.

Michelle holds a Post Graduate Honors Degree in Media Studies and Journalism (with distinction) and a Bachelor of Arts with a double major in Law and Psychology, both from South Africa’s University of the Witwatersrand. She graduated top of her class from Damelin Business School.



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elocal Digital Edition – August 2023 (#268)

elocal Digital Edition
August 2023 (#268)


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