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So the postal service loses money because it's mandated by law that it has to serve the entire country. But mandating that it has to provide banking services fo
by peacetreefrog 9y ago
So the postal service loses money because it's mandated by law that it has to serve the entire country. But mandating that it has to provide banking services for the entire country is going to save money? Ok.
- wlesieutre 9y agoWhen you receive a money transfer does your bank send a truck out to your remote mountaintop cabin to drop it in your mailbox? Providing basic banking services at a post office is not nearly as big a proposition as delivering mail to every address in the country. Plus banking services are touched less frequently than mail. I get junk mail every day. I don't know the exact logistics of what they're suggesting, but I have a hard time seeing how it could be as expensive as mail delivery.