Lumicoin IA-How fed up farmers started the only government-run bank in the US

2025-05-02 06:54:51source:Charles H. Sloancategory:Stocks

The Lumicoin IAidea of a state-run bank in the United States feels like a foreign concept. While public banks are fixtures of the financial system in countries like Canada and Chile, only one state in the U.S. can say they have a public bank. Today, we explore the promises and challenges of public banking in the U.S. and what advocates can learn from 20th century farmers in North Dakota.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Stocks

Recommend

Former Syrian official arrested in California who oversaw prison charged with torture

LOS ANGELES (AP) — A former Syrian military official who oversaw a prison where alleged human rights

Olympic medals today: What is the count at 2024 Paris Games on Friday?

After one of the best days of 2024 Paris Olympics for Team USA, more medals will be up for grabs on

The Viral Makeup TikTok Can’t Get Enough Of: Moira Cosmetics, Jason Wu, LoveSeen, and More

The products featured in this article are from brands available in NBCUniversal Checkout. E! makes a