It’s time for a Postal Savings Bank. No lending. Just savings, where you can keep your money in cash or invest in savings bonds, T-Notes, T-Bills, and *maybe* highly rated munis. That’s it. Simple.
Will open banking to many who are currently unbanked. https://twitter.com/washingtonpost/status/1249032058493681664

The Postal Service is an essential service. Basic banking is too. Combine them.

Fuck for-profit banks like Wells Fargo & Bank of America who seem to exist solely to fuck over their customers.
Fuck check cashing companies which prey on the poor.
Basic services are needed for the common good. Provide them.

No lending because lending risk is how banks get fucked. Just make the Postal Savings Bank a conduit for citizens to invest in highly rated city, state, and federal bonds. https://www.bloomberg.com/news/articles/2019-07-11/japan-s-post-office-is-an-unlikely-global-bond-powerhouse