Federal Reserve Outage… | Simon Parkes | Feb 24, 2021

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Federal Reserve Outage…

The reason for the outage in the Federal Reserve today is due to the difficulty in understanding how to maintain the process when the operating system is changing to a new paradigm.

Many Trillions of dollars were backed up as the payment by wire system collapsed. 

After just over 1 hour the system came back.

https://edition.cnn.com/2021/02/24/business/federal-reserve-outage-fedwire/index.html

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