PBI Tool Kit blog

Just launched: PBI’s new tool kit can help advocates communicate the basics of public banking with local groups

As the benefits of public banking become more widely known, more potential allies are seeking answers. We’ve created several useful new tools that can help you quickly communicate key concepts. Trifold Brochures With a few of these trifold brochures in hand, you can set up a table at a local farmers’ market and start building awareness of how …

Just launched: PBI’s new tool kit can help advocates communicate the basics of public banking with local groups Read More

NIB Robert Hockett

Video spotlight — Professor Robert Hockett: “It’s the ‘Productive’ Economy, Stupid”

On July 22, 2022, the Coalition for a National Infrastructure Bank sponsored a town hall titled “It’s the ‘Productive’ Economy, Stupid.” Included in the discussion, Cornell Professor and PBI Advisory Board member Robert Hockett pushed back against the proposed solution of former Treasury Secretary Larry Summers to soaring inflation: increase the joblessness rate.

Bills Photo by Olle Svensson

Ellen Brown writes that the Fed’s interest rate hikes will only add gasoline to the inflation fire. The problem is too few goods.

In her latest article, PBI Chair Ellen Brown argues that the Fed’s rate hikes, too, will only make inflation worse. While the Fed applies its go-to tool of increasing interest rates to suppress demand, the real problem continues unabated — supply shortages caused by brutal lockdowns, sanctions, war, and a farming crisis driven by overly stringent regulations. …

Ellen Brown writes that the Fed’s interest rate hikes will only add gasoline to the inflation fire. The problem is too few goods. Read More

Councilman Derek Green on Lobby Day. Photo by Stanley Shapiro

Thomson Reuters article highlights the boom in public banking efforts

A recent article by Carey L. Biron for Thomson Reuters Foundation quotes numerous public banking advocates including PBI Senior Advisor Walt McRee, Philadelphia Councilmember Derek Green, Public Bank East Bay leader Susan Harman, San Francisco Public Bank co-founder Jackie Fielder, Massachusetts Public Banking leader Ruth Caplan, and PBI Advisory Board member Thomas Marois. Boom in …

Thomson Reuters article highlights the boom in public banking efforts Read More

Girl facing Wall Street bull. Photo by Robert Bye

News Roundup – July 30, 2022

Public Banking There’s a better way to fight inflation, save jobs, and curb a recession: Create a Hamiltonian National Infrastructure Bank | Alphecca Muttardy, Op-Ed, The Cascadia Advocate Lawmakers Consider Creating The Public Bank Of New Mexico | Kevin Meerschaert, KSFR, Santa Fe Public Radio Could a public bank help New Mexico businesses? | Curtis Segarra, KRQE News Lawmakers talk public, green banking at …

News Roundup – July 30, 2022 Read More

Colorado draft legislation

Colorado public banking groups release draft legislation targeted for introduction by State Legislature in 2023

Following more than 600 hours of research, analysis, discussion, debate, and editing, the Rocky Mountain Public Banking Institute and the steering committee of the Colorado Public Banking Coalition (CPBC) have completed a Draft Bill for the Establishment of Local Public Banks by Colorado cities and counties. Concurrently, CPBC advocates have launched a campaign to build community support over the next nine …

Colorado public banking groups release draft legislation targeted for introduction by State Legislature in 2023 Read More

Philly Public Financial Authority sabotaged

Philadelphia Mayor Jim Kenney stops the nascent Philadelphia Public Financing Authority despite overwhelming City Council support. Philly advocates call sabotage.

Despite the bill receiving a near unanimous vote in favor by Philadelphia City Council Members and becoming law, the Philadelphia Public Financing Authority has been scuttled by the city’s outgoing mayor. Mayor Jim Kenney sent a letter to the Council June 22 declaring he would neither fund the initiative, nor seat board members. The letter states that in …

Philadelphia Mayor Jim Kenney stops the nascent Philadelphia Public Financing Authority despite overwhelming City Council support. Philly advocates call sabotage. Read More

vegetables Photo by Samantha Forsberg

Ellen Brown’s latest article addresses how to fund the local food co-ops we need now, as global food systems come under increasing strain

Achieving Self-Funding Local Sovereignty as Global Food Systems Collapse “The solution to the current food crisis is small and local, including growing food locally. But how to fund local food co-ops without pricey loans from big banks? … “This article is a sequel to one discussing home gardens and community food co-ops as local counter-measures …

Ellen Brown’s latest article addresses how to fund the local food co-ops we need now, as global food systems come under increasing strain Read More

From the Ground Up report

New report highlights public banks as a key strategy behind community-driven development

A new report published by Partners for Dignity & Rights titled From the Ground Up: Community Centered Policies to Scale Equitable Development calls for a shift from the current model of speculative capital development toward community-driven development. Their roadmap to achieve this goal centers on three main strategies, one of which is public banks. “A public bank that …

New report highlights public banks as a key strategy behind community-driven development Read More

Los Angeles seal

Los Angeles issues Request for Proposals (RFP) for “Analyzing the Feasibility of Forming and Operating a Public Bank”

In another step forward, the City of Los Angeles posted a Request for Proposal (FRP) last week, June 13, seeking public banking experts to help compile the reports needed to form a municipal public bank. Proposal deadline is Sept 9, 2022 at 5:00pm PT. Here is the Regional Alliance Marketplace for Procurement (RAMP) ID 202431. The City …

Los Angeles issues Request for Proposals (RFP) for “Analyzing the Feasibility of Forming and Operating a Public Bank” Read More

Ottawa public banking conference

Upcoming conference in Ottawa, Ontario, Canada in October — Public Banks in Canada: Building a Progressive Future 2022

Municipal Services Project is organizing an in-person one-day conference to be held at the University of Ottawa in Ontario, Canada on Friday, October 14, 2022. Public banks are experiencing a resurgence of interest around the world. The purpose of this conference is to stimulate critical debate about the future of public banks in Canada, with a focus …

Upcoming conference in Ottawa, Ontario, Canada in October — Public Banks in Canada: Building a Progressive Future 2022 Read More

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