​Apple, Amazon & Raoul Pal on financial internet, Jim Bruce on Fed

With the new mobile payment platform Apple Pay, are smartphones the new cash? Apple certainly hopes so. Erin weighs in. Raoul Pal, founder of Global Macro Investor and Real Vision Television, talks about his startup business network, the internet changing financial services demonstrably and the potential for Bitcoin in this context. Jim Bruce, director of the documentary ‘Money for Nothing: Inside the Federal Reserve’. And in the Big Deal, Erin and Edward Harrison discuss Amazon, where it derives its value and recent speculation that it has developed monopoly power in the Internet retail arena.

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