Our country is bereft of public banking and true public finance. Sure, we talk about public finance as if it serves the public, but the reality is that virtually all of our public finance has been co-opted by private banks. With the exception of North Dakota, all state treasurers deposit their state tax revenues and fees into private banks — usually the ones on Wall Street, setting the stage for endless dependency on the private banking cartel.
How America Can Replace Wall Street Financing With Public Banks
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