New york postoffice. Picture by John Donges.
The U.S. postoffice on Martin Luther King, Jr. Blvd. is a bastion on its Harlem block. Entrenched beside a pawnshop, a cash-for-gold company, and a commercial bank numerous when you look at the neighbor hood aren’t able to utilize, the center is actually a fortress. That includes hefty stone walls, metal screens, vaults, ATMs, and armored vehicles, the premises evoke one word: safety. They also suggest a second word: Bank if youвЂ™ve followed recent news.
Post workplaces are designed like banking institutions.
And thatвЂ™s just one single reasons why postal banking, a hot concept in economic policy debates, is viable. Continue reading →