Episode 489: The Invisible Plumbing Of Our Economy
It turns out the money collected on Kickstarter is handled by Amazon. Great, we figure: This is the company that will sell you anything on the planet and get it you you the next day. And what we need in this case isn't even a thing, really. We just need Amazon's bank to send money electronically to a checking account at Chase bank. It's just information traveling over wires. How long could it take: A minute? An hour?
It took five days.
On today's show: Why the invisible pipes that move money around America are so slow. (And why the ones in England are so much faster.)
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