Aaron Klein on Real-time Payments and Financial Regulation
Macro Musings with David Beckworth - Podcast autorstwa Mercatus Center at George Mason University - Poniedziałki
Aaron Klein is the director of the Center on Markets and Regulations at the Brookings Institution where, among other things, he focuses on financial regulations and real time payments. Aaron has written widely on real time payments and he joins the show today to talk about this issue, as they discuss the definition of real-time payments, how they could have a positive impact on limiting income inequality, and why the Fed is now interested in setting up its own real-time payments system. David and Aaron also discuss banking reform after the recession, the shadow banking system, and why a lack of bank failures may be a worrying signal.
Transcript for the episode: https://www.mercatus.org/bridge/podcasts/08122019/aaron-klein-real-time-payments-and-financial-regulation
Aaron’s Twitter: @Aarondklein
Aaron’s Brookings profile: https://www.brookings.edu/experts/aaron-klein/
Related Links:
*Is China’s New Payment System the Future?* by Aaron Klein
https://www.brookings.edu/research/is-chinas-new-payment-system-the-future/
*Round One: What Role Should the Federal Reserve Play in Developing a Faster Payments System?* Symposium featuring James Angel, Aaron Klein and George Selgin
*Round Two: What Role Should the Federal Reserve Play in Developing a Faster Payments System?* Symposium featuring James Angel, Aaron Klein and George Selgin
David’s blog: macromarketmusings.blogspot.com
David’s Twitter: @DavidBeckworth
