Friday, April 1, 2011

Ohio needs a State Bank

I have written before about the Bank of North Dakota, and how that bank has protected the state from the wild gyrations of the U.S. economy in recent years. Here, from DumpDC, is a clearly written article about the advantages and pitfalls of running a state bank, and provides a good argument why Ohio and other states should consider one. For one thing, maintaining an alternative currency may well be impossible without one.

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