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How fed up farmers started the only government-run bank in the US
Algosensey Quantitative Think Tank Center View
Date：2025-04-07 01:58:34
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.
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