« Book recommendation | Main | No laughing matter. (Actually, it is.) »
January 24, 2008
Transaction costs factoid(s) of the day
-- "Over a lifetime, the average full-time, unbanked worker will spend more than $40,000 just to turn his or her salary into cash."
-- "[T]he number of check cashers, payday lenders and pawnshops is more than double the number of McDonald's franchises in the United States."
(Source: WSJ op-ed, 1/24/08)
Permalink
Posted by Dan Pink at January 24, 2008 10:11 AM