Current:Home > ContactHow fed up farmers started the only government-run bank in the US -NextGenWealth
How fed up farmers started the only government-run bank in the US
View
Date:2025-04-18 00:09:57
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, Facebook, Newsletter.
veryGood! (46)
Related
- Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'
- Hayden Panettiere Adds a Splash of Watermelon Vibes to Her Pink Hair
- NYC Mayor calls for ‘national assault’ on fentanyl epidemic following death of child
- UAW's Shawn Fain threatens more closures at Ford, GM, Stellantis plants by noon Friday
- Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
- Delivery driver bitten by venomous rattlesnake
- German higher regional court decides lower court can hear hear case against McCann suspect
- Lawsuit by Islamic rights group says US terror watchlist woes continue even after names are removed
- Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
- Trump attorney has no conflict in Stormy Daniels case, judge decides
Ranking
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Why large cities will bear the brunt of climate change, according to experts
- UK inquiry: Migrants awaiting deportation are kept ‘in prison-like’ conditions at a detention center
- Utah private prison company returns $5M to Mississippi after understaffing is found at facility
- Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'
- The Versailles Palace celebrates its 400th anniversary and hosts King Charles III for state dinner
- London police force says it will take years to root out bad cops
- Almost 50 children from occupied Ukrainian regions arrive in Belarus, sparking outrage
Recommendation
A New York Appellate Court Rejects a Broad Application of the State’s Green Amendment
Coca Cola v. Coca Pola
Australian wildfire danger causes fire ban in Sydney and closes schools
‘It’s Just Too Close’: Pennsylvanians Who Live Near Fracking Suffer as Governments Fail to Buffer Homes
What do we know about the mysterious drones reported flying over New Jersey?
China tells foreign consulates in Hong Kong to provide personal data of all local staff
Travis Scott questioned in Astroworld festival deposition following wave of lawsuits
WSJ reporter to appeal Russian detention Tuesday