Scott Bennett<p>The Bank of North Dakota proves that so much of what we accept about modern private banks are unnecessary: systemic risk, excessive fees for things like overdrafts, exorbitant charges for loans and bonds, massive profit extraction. We don't need to accept any of those things.</p><p><a href="https://mastodon.social/tags/publicbanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>publicbanking</span></a> <a href="https://mastodon.social/tags/socialism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>socialism</span></a> <a href="https://mastodon.social/tags/eattherich" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>eattherich</span></a> <a href="https://mastodon.social/tags/bankofnorthdakota" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bankofnorthdakota</span></a></p><p><a href="https://open.substack.com/pub/letsmakethempay/p/north-dakotas-dirty-socialist-secret-8a0?r=2brusa&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">open.substack.com/pub/letsmake</span><span class="invisible">thempay/p/north-dakotas-dirty-socialist-secret-8a0?r=2brusa&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false</span></a></p>