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Silicon Valley Bank’s Failure Shows Why We Need to Expand Public Banking

• andrewfromx 4y ago
  "Momentum has been growing for publicly owned banks, which marshal public capital to directly finance things like public infrastructure and can hold public revenues and other assets and service a variety of institutions. Public banks are less prone to bank runs and much more likely to have the liquidity to cover their deposits. The Bank of North Dakota (BND), founded in 1919, is currently the only public bank in the United States," I did not know about the BND! Also, this https://i.imgur.com/Qb8qv8o.png https://i.imgur.com/Qb8qv8o.png