Should ATM Fees Be Regulated By the Government?
Thursday January 4, 2007
There was an interesting discussion on the economics blog Marginal Revolution about the topic of ATM charges, specifically the fee you must pay in order to use an ATM which does not belong to the bank your account is at.
Whenever I hear about a proposed policy such as this one, I try to construct an argument both for and against the proposed policy. I think it's important not to just consider one side of the argument - by considering both it's merits and flaws, you get a more accurate picture of how valuable the idea might be.
See the full article here: Should ATM Fees Be Regulated By the Government?
More banking articles: A Beginner's Guide to the Reserve Ratio, What are Bank Runs?, Bank Reserves and the Discount Rate
Whenever I hear about a proposed policy such as this one, I try to construct an argument both for and against the proposed policy. I think it's important not to just consider one side of the argument - by considering both it's merits and flaws, you get a more accurate picture of how valuable the idea might be.
See the full article here: Should ATM Fees Be Regulated By the Government?
More banking articles: A Beginner's Guide to the Reserve Ratio, What are Bank Runs?, Bank Reserves and the Discount Rate
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