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We Could Have Abundance For Everyone | Dr Richard Werner
We Could Have Abundance - A Florida State Bank - Preserving Sovereignty, Growing Prosperity with Dr Richard Werner
"A Florida State Bank: Preserving Sovereignty, Growing Prosperity"
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In “What the States Can Do: Building the Legal and Financial Infrastructure for Financial Freedom”—the lead component of our 2024 publication, Using the U.S. States’ Constitutional Powers to Preserve Sovereignty and Financial Freedom—we listed the creation of a sovereign state bank (or a comparable mechanism to ensure independent in-state banking) as a pivotal step that U.S. states can take to preserve financial freedom and state sovereignty. North Dakota, currently the only state to have such a bank, offers an excellent model.
Economist and banking expert Richard A. Werner has explained the strategic importance of a sovereign state bank in multiple interviews and documents published at the Solari Report, including 2023’s Why a Sovereign State Bank Is Good for Tennessee and, earlier this year, The Case for a State Bank of Florida (SBFL): Business and Economic Case. A state bank can help counter threats to state-level and individual sovereignty and economic prosperity and halt the unfortunate trend of banking system concentration and exertion of federal control through strings-attached grants and other payoffs. Even more importantly, a sovereign state bank can support (while not competing with) the community banks and credit unions that are so essential for small- and medium-sized enterprises—which, in turn, are the lifeblood of thriving local economies.
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