👉🏻 https://x.com/CaitlinLong_/status/1796201938813633004
THE SUPREME COURT UNANIMOUSLY SUPPORTS the dual banking system in the US🔥. The Fed wants to kill it though -- the Fed doesn't respect state bank chartering authorities. Guess who's going to win.💪
What is the dual banking system?
Its not a dual banking system, its a federal banking system where states can add laws to follow in their own states.
Most states just use it to define "abandoned " accounts and take the money in them. Theoretically, the states could protect their citizens from national bank abuses, but thats not common.
doesn’t North or South Dakota do that?
North Dakota has a unqiue state bank that pre-existed the federal bank and thus was grandfathered i to all of the federal rules to flow its chartered mandate.