The public banking successes in New Jersey, Seattle, Santa Fe, California, Los Angeles, Philadelphia, and Vermont did not just spring out of the blue. They are the result of many weeks, months and years of hard work, and set-backs faced by the many volunteers working to establish public banks across our land. Most are motivated to do this work to create a more just economy. A public bank serves this purpose by saving public funds and returning a profit that can be used to benefit the public good, rather than private interests as now is the case. Read this document which outlines how public banks serve the public good.
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