timeline, postal banking, history

A Timeline of the Postal Savings System

An Act of Congress of June 25, 1910, established the Postal Savings System in designated Post Offices.
daniel
daniel
3 min read
payday loans, music video, john oliver, last week tonight, comedy

Have a laugh and learn why we need Bank.Rehab with John Oliver.

He doesn't actually advocate for Bank.Rehab - but his job is to make people laugh and not to offer real solutions.
daniel
daniel
1 min read
postal banking, excerpts

A Shorter History of Postal Banking

In 1966 it was officially abolished as part of Lyndon Johnson’s streamlining of the federal government. The postal banking system died a quiet death without public discussion. -Mehrsa Baradaran
daniel
daniel
2 min read
history, music video, rap battle, friedrich hayek, john maynard keynes, vocabulary

Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!

Two famous economists Face Off in a Economics Rap Battle of historical fiction!
daniel
daniel
6 min read
federal reserve, ben bernanke, mixed banking

Is the Federal Reserve a Private or Public Bank?

The fact is clear, even if many people can't get past their inane Black/White thinking - and the lies about the Fed that circulates endlessly - the Fed is both public and private.
daniel
daniel
2 min read
history, benjamin franklin, aaron burr, thomas mellon, alexander hamilton

"State Banks" not owned by the public.

Alexander Hamilton and Aaron Burr founded the Bank of New York - it's only "public" in that it is private...
daniel
daniel
2 min read
ubi, helicopter money, milton friedman, ben bernanke, federal reserve, quantitative easing, citizens dividend

Is Helicopter Money Univeral Basic Income (UBI)?

Helicopter money is a proposed unconventional monetary policy, sometimes suggested as an alternative to quantitative easing (QE) when the economy is in a liquidity trap (when interest rates near zero and the economy remains in recession).
daniel
daniel
2 min read
socialism, ideology, philosophy, history, benjamin franklin

Public Banking? Isn't that SoCiaLisM?

No... or Yes... if by "socialism" you mean "a theory or policy which takes social welfare as it's primary concern."
daniel
daniel
4 min read