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George Selgin on the Past, Present, and Future of a Real-time Payments System
Manage episode 245943282 series 2461388
Content provided by David Beckworth and Mercatus Center at George Mason University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Beckworth and Mercatus Center at George Mason University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
George Selgin is the director of the Cato Institute’s Center for Monetary and Financial Alternatives and is a returning guest to the Macro Musings podcast. Today, George joins the show to talk about recent developments in the payment system. Specifically, George and David discuss the history of attempted payment system solutions, the challenges and costs facing the implementation of a real-time payment system, and why we should care about this issue today.
Transcript for the episode: https://www.mercatus.org/bridge/podcasts/11112019/george-selgin-past-present-and-future-real-time-payments-system
George’s Twitter: @GeorgeSelgin
George’s Cato Institute profile: https://www.cato.org/people/george-selgin
Related Links:
*Federal Reserve Announces Plan to Develop a New Round-the-clock Real-time Payment and Settlement Service to Support Faster Payments* - Federal Reserve press release
https://www.federalreserve.gov/newsevents/pressreleases/other20190805a.htm
David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth
440 episodes
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Manage episode 245943282 series 2461388
Content provided by David Beckworth and Mercatus Center at George Mason University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Beckworth and Mercatus Center at George Mason University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
George Selgin is the director of the Cato Institute’s Center for Monetary and Financial Alternatives and is a returning guest to the Macro Musings podcast. Today, George joins the show to talk about recent developments in the payment system. Specifically, George and David discuss the history of attempted payment system solutions, the challenges and costs facing the implementation of a real-time payment system, and why we should care about this issue today.
Transcript for the episode: https://www.mercatus.org/bridge/podcasts/11112019/george-selgin-past-present-and-future-real-time-payments-system
George’s Twitter: @GeorgeSelgin
George’s Cato Institute profile: https://www.cato.org/people/george-selgin
Related Links:
*Federal Reserve Announces Plan to Develop a New Round-the-clock Real-time Payment and Settlement Service to Support Faster Payments* - Federal Reserve press release
https://www.federalreserve.gov/newsevents/pressreleases/other20190805a.htm
David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth
440 episodes
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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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