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How about in North Dakota, which had a state-owned bank? https://en.wikipedia.org/wiki/Bank_of_North_Dakota https://en.wikipedia.org/wiki/Bank_of_North_Dakota
by karmelapple 3y ago
How about in North Dakota, which had a state-owned bank?
https://en.wikipedia.org/wiki/Bank_of_North_Dakota https://en.wikipedia.org/wiki/Bank_of_North_Dakota
- _heimdall 3y agoAt least in the US, a state-owned bank is a very different animal from a federally owned bank. States don't have the power to control the currency itself, don't control the collection of three-letter agencies, and in general are meant to have more leeway to try new things than the federal government.