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The week ahead in economics: Postal banking, inflation, and housing

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Are payday lenders and cash-checking businesses good at what they do? Many Americans view them with suspicion, thinking that they are ruthless in preying on the poor by charging outrageous interest rates to people who are in desperate need of cash. But some evidence suggests that these businesses are not even competitive in their own market. A recent report from the Milken Institute studies a...

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