Society & Culture
Leid Stories - 01/22/14
Public Banking Seeks Your Interest; Open Forum Part 2
A people- and community-centered alternative banking system is looking to make greater inroads across America this year. It’s called public banking – a system “operated in the public interest via institutions owned by the people through their representative governments.” So far, North Dakota is the only state that has adopted the concept, but at least 20 other states are considering establishing public banks.
Ellen Brown, chairperson of the Public Banking Institute, explains the concept and how it works.
And because Open Forum had more traffic yesterday than we were able to accommodate, we’ll provide air space for those calls today.
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