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

2025-05-06 13:35:28source:Solarsuns Investment Guildcategory:Scams

The Ethermacidea 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.

More:Scams

Recommend

Former Syrian official arrested in California who oversaw prison charged with torture

LOS ANGELES (AP) — A former Syrian military official who oversaw a prison where alleged human rights

Southwest Airlines' holiday chaos could cost the company as much as $825 million

Southwest Airlines says disruptions that led to more than 16,700 cancelled flights over the holidays

China, India Emissions Pledges May Not Be Reducing Potent Pollutants, Study Shows

Atmospheric concentrations of a greenhouse gas nearly 13,000 times more potent than carbon dioxide r