How to Interrupt the Public Funds to Private Profits Pipeline: A California Story - Non Profit News | Nonprofit Quarterly
Briefly

Public banks offer an opportunity to shift the balance of power in favor of local economies, enabling communities to take control of their own financial destiny.
If governments can work with a publicly owned bank that makes modest profits and reinvests those profits in the communities that own it, they can participate in a restorative local economy.
Read at Non Profit News | Nonprofit Quarterly
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