PBI Newsletter Features
Bank Of North Dakota Reports Record-Breaking Profits In 2025
(Bismarck, ND) — The Bank of North Dakota is reporting record-breaking profits of more than 230-million dollars last year. The bank also reported nearly 11-billion dollars in assets. President Don Morgan says the record-breaking year is a result of long term planning and growth. He says that four other states have met with him showing
Public Debt, Private Wealth: A History of Central Banks
In 2008, six of America’s leading financial institutions received $8.2 trillion in “lifesaving support” and just before the onset of the COVID-19 virus (late September 2019) an additional $3 trillion was pumped into “unnamed trading houses on Wall Street” by the Federal Reserve Bank of New York (FRBNY) with Federal Reserve System authorization. We are
North Dakota Populism: taking on corporate power
Members of the North Dakota Nonpartisan League knew how to tame corporate overreach. North Dakota history provides some examples for dealing with AI data centers that are springing up like leafy spurge in a pasture. Why? Because our present situation is rhyming with history, and the common themes are corporate power and greed. Read more
Princes of Deception: How Central Banks Engineer Economies and Crises by Richard Werner
The Bank of England .. introduced interest-bearing loans, ostensibly to finance naval ambitions, but in reality, it siphoned wealth to private bankers via perpetual bond payments, a dynamic dissected by Joe Plummer in Debt Money. Werner’s empirical work reveals that banks create 97% of the money supply ex nihilo through loan issuance, not by lending
The Digital Dollar that was Too Democratic to Survive by Ellen Brown
The question posed here is, could a government-issued digital currency be created in a way that is privacy-protected, not programmable, and tradable like cash? The answer is that it could. In fact, between 2020 and 2022, such a public digital‑dollar system was in development. Project Hamilton, a collaborative effort of the Boston Fed and MIT,
Interview with Public Banking Institute’s President Walt McRee and VP Peter Winslow on PBI’s history and direction
In this episode, we speak with Walt McRee (President) and Peter Winslow (Vice President) of the Public Banking Institute (PBI) about their past and ongoing advocacy for public banking. Founded in 2011 by author Ellen Brown and a core collective of advocates, PBI aims to break the monopoly of Wall Street’s private banking system by