home.social

#target2 — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #target2, aggregated by home.social.

  1. @hackernewsrobot for who believes #EMV network (#Visa and #Mastercard) is the only game in town. #UnionPay is standard across the entire sino economy. #Pix is standard in Brazil and landed in Europe not long ago. #ECB is making inroads with #Target2 Instant Payment System (TIPS). And a myriad of other national, local and private payment networks which are still relevant. Albeit slowly being replaced by Central Banks baked solutions.

  2. @blake Legislation is one possibility but in practice only the Fed can solve it. Looks like they're going to try.
    ft.com/content/dcc83529-5659-4 (archive.is/qsBXx)

    If they're lucky, with #FedNow they can replicate the #ECB's role in building #SEPA, most recently with #TARGET2's #TIPS.
    ecb.europa.eu/paym/target/tips

  3. Deutschland schafft alles:
    #BuBa: #target2 Forderung bei über 1000 Mrd. Euro 💶

    Die #Corona-#Krise, in Reaktion darauf die #Geldpolitik, schafft in der #Eurozone immer mehr neues #Zentralbankgeld und dieses wird per Saldo verbracht, auf deutsche Konten transferiert (als Einlage, für Waren und Güter) oder es werden eben deutsche Vermögenswerte davon erworben.

    querschuesse.de/deutschland-bu
    #gläubiger #bundesbank #schulden #debt #deutschland #germany #europa #europe #ezb #euro #print #lagarde