this post was submitted on 25 Jan 2024
947 points (99.1% liked)

People Twitter

5283 readers
2149 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying or international politcs
  5. Be excellent to each other.

founded 1 year ago
MODERATORS
[email protected]
[email protected]
947
Banks need it /s (lemy.lol)
submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]
144 comments fedilink hide all child comments
 

Bluesky Post.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 10 months ago

It did in the early 1900s to about late 1960s. It was killed because some banking lobbyist killed it.

https://en.wikipedia.org/wiki/United_States_Postal_Savings_System#:~:text=The%20Postal%20Savings%20System%20was%20established%20as%20a,postal%20banking%20system%2C%20while%20Democrats%20preferred%20deposit%20insurance.