This Is Hell! cover image

Botching the Coverage of a Bank Run / Dean Baker

This Is Hell!

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We Could Have the Federal Reserve Give Us All Transactions

We could structure the financial system differently. We're our paychecks deposit every month, he says. And that would save us tens of billions of dollars a year in bank fees. Now we would mean you'd have much less money in banks and you'd have fewer people making 9 million or 20 million salaries.

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