Macro Lit Review 4: Highlights from Mid-2023 with George Selgin
Macro Musings with David Beckworth
00:00
The Fed's Decision to Refuse Master Accounts to Unknown Banks
David Rothkopf: The Fed seems to have closed the door on these unusual banks when it comes to setting up good payments, alternative payment systems. He says that pattern is now standing in the way of some really desirable payments and potential innovations. "I feel sorry for them because they got two very hot issues," he adds.
Transcript
Play full episode
