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Postal Savings

U.S. Post Office
Economic History, Financial Markets, Money & Politics, News

Going Postal? Proposals for Post-Office Banking in 2020

Diego Zuluaga/October 16, 2020June 19, 2022

In my last post, I discussed the experience of “postal savings” in America—its origins and how its flawed legislative design caused harm during the Great Depression. I showed that some features of the postal savings system adopted for political expediency, such as its fixed interest rates and…

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Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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