How fed up farmers started the only government-run bank in the US

The idea of a state-run bank in the United States feels like a foreign concept. While public banks are fixtures of the financial system in countries like Canada and Chile, only one state in the U.S. can say they have a public bank. Today, we explore the promises and challenges of public banking in the U.S. and what advocates can learn from 20th century farmers in North Dakota.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org .

Music by Drop Electric . Find us: TikTok , Instagram […]

Click here to visit source. www.npr.org

See also  General Alert – US Embassy Kinshasa DRC

By Donato