Posted on November 18, 2012 at 4:37 PM
Sunday, Nov 18 at 4:37 PM
CHARLOTTE, N.C. -- It is one of the most secure buildings in Charlotte. You may pass by the Federal Reserve Branch in Uptown, but it's unlikely you have been inside. Behind the bullet proof glass and metal detectors, there is a basement full of cash. Outside, there are often a lot of detractors.
This week on FlashPOINT, the Fed’s Matthew Martin tries to de-mystify the reserve.
Matthew Martin on Flashpoint:
How will Charlotte emerge from the recession?
Matthew Martin/Federal Reserve: “The real advantage Charlotte has is the ability to be flexible and kind of adjust as the economy around it adjusts and I think that’s going to position Charlotte as a growth leader, as it has in the past, going forward.”
How is Charlotte poised for future business?
Martin: “Charlotte, for a number of reasons, is a place where businesses want to be located. I think if you talk to the economic development people around town, they’ll tell you the infrastructure, having this great airport, having access by highways to a lot of the country makes it a desirable place.”
How will Charlotte change over the next 10-20 years?
Martin: “I think Charlotte’s going to grow faster than the nation as a whole. It’s going to grow faster than the state overall and the state will be a faster than average growth.”
Click the video player above to watch the full program.