Re:How U.S. Banks Took Over the World
by mindslight on Wednesday September 04, 2019 @08:05PM
(#20882652)
> The US banks are trustworthy like snakes and scorpions, but at least they exist in a regulatory world that is pro-money
Erm, US banking regulations have become quite insistent on knowing customers' identifying information, requesting employment details, and reporting many cash transactions to the government. So the environment can't really be said to be pro-money, at least at the pleb level, as the concept of money implies fungibility.
Erm, US banking regulations have become quite insistent on knowing customers' identifying information, requesting employment details, and reporting many cash transactions to the government. So the environment can't really be said to be pro-money, at least at the pleb level, as the concept of money implies fungibility.