Important clarification about @moneyontheleft.bsky.social’s Loop proposal.
Public programs become part of the balance sheet architecture that sustains the public bank. That’s the loop.
Will Beaman
Like we’ve said before the parts and components have been proposed, but they’ve never been engineered in the way we propose.
And never has it been proposed to make the public bank itself the central point of coordination.
Social programs have never been constructed around strengthening a bank.