Public and Postal Banking
How Philadelphia is laying the groundwork for a public bank | Allissa Kline, American Banker [PDF version]
Economics in Brief: Yes Votes for Public Bank in Philly | Solcyre Burga, Next City
City Council votes to establish the Philadelphia Public Financial Authority | City Council Philadelphia
Philadelphia takes initial step towards creating nation’s first municipal bank | Noah Zucker, PhillyVoice
Philadelphia inches closer to creating a public bank | Taylor Allen, Axios Philadelphia
Postal Service, Great Model for Other Government Services? | Sonali Kolhatkar, LA Progressive
Economy
Nomi Prins Testimony in U.S. Senate Budget Committee Hearing 2/17/22: “We are on the precipice of another grave risk.”
Most U.S. workers took an inflation pay cut in 2021 | Luca Powell, Transylvania Times
Economic Sentiment Hits New Record Low | Mary Acklin, Civic Science
The Fed’s Lack of Transparency Is Harming the Dollar as the World’s Reserve Currency | Pam Martens and Russ Martens, Wall Street on Parade
Saudi Arabia in talks to use Chinese yuan in oil deals: Report | CNBC TV18
Photo by Robert Bye.