Public banking is banking operated in the public interest, through institutions owned by the people through their representative governments. Public banks can exist at all levels, from cities to state to national. Any governmental body which can meet local banking requirements may, theoretically, create such a financial institution.
Though the details of banking can seem daunting, the basic rationale for WHY it’s important to have public ownership of our own financial institutions is just common sense.
Before shaping your own approach to advocacy, it’s useful to review the history of prior legislation and reports on it. With these powerful resources at our fingertips, we can learn from each other.
Links to publicbankinginstitute.org (33)
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