Should the Fed deliver a faster payments system?
Industry experts disagree what role - if any - the Federal Reserve should play in the building of a faster payments system.
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Industry experts disagree what role - if any - the Federal Reserve should play in the building of a faster payments system.
The Cato Institute’s George Selgin tells the Federal Reserve that a real-time payments system is already up and running and the introduction of a competing Fed system would be counterproductive.