Immediate impact is not necessarily a good thing. A lot of our economy is built on predictability. Imagine going to use your credit card, and something costs more because the fee jumped yesterday, and might be less tomorrow. Banks would build in bigger fees to avoid the uncertainty. Because people want certainty.
Changes in transaction fees wouldn’t be so drastic though. As you can make tens of thousands of corrections per year (compared to a couple in the current system), changes wouldn’t affect you so much.
Immediate impact is not necessarily a good thing. A lot of our economy is built on predictability. Imagine going to use your credit card, and something costs more because the fee jumped yesterday, and might be less tomorrow. Banks would build in bigger fees to avoid the uncertainty. Because people want certainty.
Changes in transaction fees wouldn’t be so drastic though. As you can make tens of thousands of corrections per year (compared to a couple in the current system), changes wouldn’t affect you so much.