A lot many people are confused as to what the main difference is between a State Charted Bank and a Federally Chartered Bank. Yes, there are many varying nuances, but there is one very important point that is perhaps the only point worth noting. Transcription: Have you ever wondered what is the difference between a […]
“Changes in technology have affected not only how people live and work, but also how individuals and businesses pay for goods and services. The Federal Reserve’s most recent triennial study of the payments system highlights a number of shifts in this dynamic arena.” This is a pretty nifty, 4-page read, extracted from the EconSouth Jan/April […]
My answer on Quora on Why did the US Fed speak so favorably about Bitcoin and other digital currencies when they are a direct threat to the banking industry?