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3min chapter
Interview: George Selgin (The Secret Method Banks Use To Create Money)
Rebel Capitalist News
Critique of FedNow and Private Payment Alternatives
This chapter examines the functionality and transparency issues surrounding the FedNow payment system, contrasting it with its private competitor RTP. The discussion also addresses concerns about the fairness of FedNow's subsidies and its operational significance in international transactions.
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Discover
highlights
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