Home > Commentaries [Video] > US States Creating their own banks. Bye bye Fed.

US States Creating their own banks. Bye bye Fed.

North Dahkota, the only US state with a state-owned bank, has the lowest rate of unemployment, one of the highest State GDP growth rates, stable housing market, lowest credit card default rates, and has a budget surplus. Now 8 other states are in the process of creating their own banks to take back the ability to create money and credit from the Fed. About 12 states are also in the process of creating legislation to allow gold and silver coins to be used as currency.
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