It’s Our Money with Ellen Brown - History Was Made This Year

2019 was the Centennial celebration of America’s only publicly-owned State Bank, the Bank of North Dakota -- a living legacy that has helped sustain that state through thick and thin.  It’s also the year that new public banks gained important ground from state governments and governors in two key states, New Jersey and California. It’s also the year that one of the Fed’s best-known leaders passed away, Paul Volker, whose administration is credited with helping solve an inflation crisis in the 1970’s, a factoid that Ellen doubts to be true. We celebrate the North Dakota history with a leisurely conversation with its Centennial historian, Mike Jacobs, whose deep knowledge of the Bank’s history provides instructive context for new public bank initiatives.