3min chapter

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Payments 101: Checks, ACH, FedWire, Stablecoins, CBDCs (and more)

Fintech Beat

CHAPTER

The Complexity of Money in the Economy

Chris Cuomo: Money is itself a pretty complex concept. He says we have two different types of money, broadly speaking in this economy. One is public money, one is private money, he says. "What we need is a system that allows for money to move much more flexibly"

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