{"id":393459,"date":"2021-11-17T18:28:02","date_gmt":"2021-11-17T18:28:02","guid":{"rendered":"https:\/\/popularresistance.org\/?p=195696"},"modified":"2021-11-17T18:28:02","modified_gmt":"2021-11-17T18:28:02","slug":"the-post-office-at-a-crossroads","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/11\/17\/the-post-office-at-a-crossroads\/","title":{"rendered":"The Post Office At A Crossroads"},"content":{"rendered":"
The most talked-about expansion idea is a revival of postal banking, though\u00a0advocates\u00a0have proposed\u00a0everything from in-home delivery of perishable groceries to senior wellness checks. Until postal banking was discontinued in 1967, the Post Office earned a modest fee for administering basic savings accounts, partnering with private banks that paid interest to account holders in exchange for loanable funds. As\u00a0proposed\u00a0by Senator Sherrod Brown (D-Ohio), an updated postal banking system could be paired with broader government efforts to modernize the monetary system.<\/p>\n
The post The Post Office At A Crossroads<\/a> appeared first on PopularResistance.Org<\/a>.<\/p>\n\n