This is fascinating. I’ve sometimes felt a state bank is like back to the FED, but not quite as this is a true state bank, kind of what allegedly really got us in a war with Britain over our fiat currency. Now I’ve heard that Scottland of all places experimented with true free market banking and the wealthy complained because it didn’t work form the, the prefer some state hegemony. But the BND does things that completely undercut the Wall St. model. It would leave Wall St., if it spread with a much smaller pie. They think they can knock it out with the TPP and it outlawing state banks, but I think they’d see that treaty threaded and burned first. I think we’d see ultra conservative North Dakota wanting to succeed if they tried to proceed with such WS friendly trash.