This is an excellent snapshot of a superb idea! A state public bank that serves the public interest and returns profits back into our public purse instead of sending to Wall Street and investor class elites. We could do this is WA, all we need is political will. @waforpublicbanking.bsky.social
California Public Banking AllianceCPBA’s @trinitytran.bsky.social breaks it down. CA is the world’s 4th-largest economy, yet we pay billions in interest & fees to Wall Street banks and private investors. North Dakota’s economy is just 1/50th our size. Its public bank returned $335M to the state last year. Imagine our potential!