California is the 8th largest economy in the world...it's time we kept our money at home!
Right now North Dakota has the only publicly-owned central bank in the US, and they are one of the few states not running a deficit! Coincidence? Why are we keeping billions of dollars in state funds in the Bank of America (North Carolina) or Wells Fargo (South Dakota) when we could keep our money at home and COLLECT THE INTEREST for our state?
Let's create a state Bank of California!