Comment on The Fed is getting into the Real-Time payments businessparentComments−FourScore7yWhich in itself is one of the biggest rationales for developing such a system. The Fed really has a third unspoken directive: maintain dollar supremacy.−thinkloop7yNot so unspoken, Mnuchin on July 15:"Treasury takes very seriously the role of the US Dollar as the world's reserve currency, and will continue our efforts to protect our country".https://m.youtube.com/watch?v=zAICzg8ir50&t=370&feature=yout...
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Which in itself is one of the biggest rationales for developing such a system. The Fed really has a third unspoken directive: maintain dollar supremacy.
Not so unspoken, Mnuchin on July 15:
"Treasury takes very seriously the role of the US Dollar as the world's reserve currency, and will continue our efforts to protect our country".
https://m.youtube.com/watch?v=zAICzg8ir50&t=370&feature=yout...