Finally – there is not a one way relationship between financial inclusion and our other objectives of stability. There are clear feedback loops and trade-offs between ensuring something is stable or efficient, and inclusive. Let’s explore some of these trade-offs.
Banks as Vital Infrastructure For Rural Communities of the West Randall K. Quarles Vice Chairman for Supervision Board of Governors of the Federal Reserve System at Stanford Institute for Economic Policy Research  December 5, 2018  U.S. Census Bureau