2 ms·
every euro account ultimately ends up on the ECB's balance sheet, so why keep middlemen?
by baq 1y ago
every euro account ultimately ends up on the ECB's balance sheet, so why keep middlemen?
- lotsofpulp 1y agoSo there is a middleman that can be blamed or used as a fall guy or whatnot. Also, non governments can arbitrarily deny services without recourse for customers, whereas governments in developed countries have to provide justification.