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25 Jan, 2024 05:57

The cost of unbanking


On this episode of The Cost of Everything we take a closer look at how lack of access to the banking system is detrimental to the economic well-being of citizens as many, especially the poor, don’t have access to banks. Host Christy Ai spoke with professor and author Richard Wolff about how the banks and even the cryptocurrency markets are for-profit entities that seem to exclude the unbanked, and about how governments are trying to give the unbanked access to banking as an added government service.