Public Banking in Costa Rica: A Remarkable Little-known Model

Public Banking in Costa Rica: A Remarkable Little-known Model

Posted on November 11, 2013 by Ellen Brown

In Costa Rica, publicly-owned banks have been available for so long and work so well that people take for granted that any country that knows how to run an economy has a public banking option. Costa Ricans are amazed to hear there is only one public depository bank in the United States (the Bank of North Dakota), and few people have private access to it.

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