#BoomBustRT with @ErinAde #Apple rolled out its #mobilepayment platform #ApplePay. The new #payment service will enable shoppers to buy items at more than 220,000 stores and has secured the six biggest card issuers, accounting for roughly 83% of credit card transactions. So are smartphones the new cash? Well, Apple is certainly hoping so. Erin weighs in. Then, Erin sits down with Raoul Pal – founder of Global Macro Investor and Real Vision Television – to talk about his startup business network. Raoul tells us how he thinks the internet will change financial services demonstrably. He is big on the potential for Bitcoin in this context. He also gives us his take on the biggest retail investing pitfalls. After the break, Erin talks to Jim Bruce, director of the documentary “Money for Nothing: Inside the Federal Reserve.” Following last week’s market selloff, there has been a lot of speculation about future of the Fed. Jim tells us what he thinks will happen next. And in The Big Deal, Erin and Edward Harrison are discussing Amazon, where it derives its value and recent speculation that it has developed monopoly power in the Internet retail arena. Take a look!
Posted on: Tue, 21 Oct 2014 01:19:40 +0000
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