More than 25 bills are now active, and dozens of groups are promoting the idea.
And we wouldn’t even have to tax the rich to pay for it.
A network of public banks could underwrite the new New Deal in the same way President Franklin Roosevelt financed the original.
In a push to divest public funds from corporate giants, Los Angeles is asking voters to approve a city-owned bank.
The world’s fifth largest economy could keep the money in a state-owned bank to fund local infrastructure.
Japan has found a way to write off its national debt without creating inflation. Why can’t we do that?
Far from being a gimmick, having the U.S. Treasury mint high-denomination coins is a solution that cuts to the root of America’s financial problems. And Benjamin Franklin would have liked it, too.
If we the people want the sort of security in emergencies that is available to the owners of Wall Street banks, we need to own some banks ourselves.